4578 Meyerson PlaceLake 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
Investment property for sale in Lake Worth at 4578 Meyerson Place, Lake Worth, FL, 33463 uses $165,419 cash to close to unlock $2,327/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $3,505/mo, and a $2,442/mo payment keeps the spread at $194/mo. Purchase price stands at $499,000, and rental yield measures 8.43% with $3,505/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 110.97% and total cumulative return in cash records $183,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,505/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
2,844 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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Listed by: Alexander Shkop • Royal Florida Properties
Mls Name: BeachesMLS
Mls ID: #RX-11156216