500 Evergreen DrLake ParkFL33403
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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 Park at 500 Evergreen Dr, Lake Park, FL, 33403 at $203,500 posts ROI 13.4% with from $3,551/mo rent. Total monthly income equals $3,551/mo. Return on cash invested measures 13.4% and rental yield reads 20.94% at the current $203,500. Equity gained on principal adds $1,313/yr, and 5% annual appreciation supports $56,223 by year five. Five-year ROI prints 85.05% and total cumulative return in cash totals $57,375. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,551/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
6,895 sqft lot
$N/A/sqft
$2,174 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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