503 S E StreetLake WorthFL33460
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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 503 S E Street, Lake Worth, FL, 33460 priced at $282,000 pairs $2,170/mo rent with $299/mo cash flow after a $1,380/mo payment. Total monthly income equals $2,170/mo, and annual cash flow comes to $3,586/yr on $93,483 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 9.23% on a $282,000 basis. Equity gained on principal adds $1,820/yr, and 5% annual appreciation accumulates to $77,911 by year five. Five-year ROI measures 124% and total cumulative return in cash reaches $115,921. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $1,380/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
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Listed by: Bret Taylor • Southdale Properties Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11032216
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.