465 Fleming AveGreenacresFL33463
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Nearby investment properties with comparable prices
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 Greenacres at 465 Fleming Ave, Greenacres, FL, 33463 priced at $389,900 converts $2,854/mo rent into $267/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,854/mo, and annual cash flow totals $3,203/yr on $129,252 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 8.78% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 116.7% and total cumulative return in cash sums $150,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,854/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,035 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: Michelle Paez • SILVER DOOR REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8466244