5045 Northern Lights DrGreenacresFL33463
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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 Greenacres at 5045 Northern Lights Dr, Greenacres, FL, 33463 uses $180,917 cash to close to unlock $303/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $3,674/mo, and a $2,691/mo payment keeps the spread at $25/mo. Purchase price stands at $549,900, and rental yield measures 8.02% with $3,674/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 105.13% and total cumulative return in cash records $190,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,674/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2006
4,356 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: Leah Cajucom • CENTURY 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #F10542892