4570 Boatman StLake WorthFL33463
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Worth at 4570 Boatman St, Lake Worth, FL, 33463 priced at $682,900 converts $3,935/mo rent into after a $3,342/mo obligation. Total monthly income equals $3,935/mo. Return on cash invested prints 16.87% in year one, and rental yield reads 6.91% against a $682,900 entry. Equity gained on principal adds $4,407/yr, while 5% annual appreciation compiles into $188,673 by year five. Five-year ROI reaches 87.13% and total cumulative return in cash sums $195,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,935/mo property income covering a $3,342/mo payment, not borrower’s personal income.
Single Family
Built in 2011
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33463, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,692 (100%) |
| Owner Occupied HU | 15,571 (68.6%) |
| Renter Occupied HU | 5,701 (25.1%) |
| Vacant Housing Units | 1,420 ( 6.3%) |
| Median Home Value | $424,162 |
| Average Home Value | $447,452 |
Housing Distribution
Address Breakdown
Residential
22,140
Single Family
16,846
Multi-Family
5,294
Businesses
831
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