4665 Oak Terrace Drive S #4665Lake WorthFL33463
Nearby investment properties with comparable rents
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
Investment property for sale in Lake Worth at 4665 Oak Terrace Drive S #4665, Lake Worth, FL, 33463 earns $1,108/mo cash flow from $3,120/mo rent with a $1,055/mo payment. Total monthly income totals $3,120/mo, and annual cash flow totals $13,292/yr on $71,438 capital. ROI tracks 38.52% on current figures, and rental yield reads 17.37% at a $215,500 purchase. Equity gained on principal adds $1,391/yr, and 5% annual appreciation supports $59,539 over five years. Five-year ROI reaches 206.75% and total cumulative return in cash sums $147,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$582 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roberto Duverge • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11017436
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.