4645 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
Rental property for sale in Lake Worth at 4645 Meyerson Place, Lake Worth, FL, 33463 generates $3,618/mo in rent and, after a $2,442/mo payment, leaves $307/mo in cash flow. Total monthly income is $3,618/mo, and annual cash flow is $3,683/yr on $165,419 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 8.7% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash sums $190,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,618/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
2,670 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: Roberto Carluzzo • Coldwell Banker Realty /Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11142738