511 Lucerne Avenue #416, Lake Worth, FL, 33460 | $617/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Worth at 511 Lucerne Avenue #416, Lake Worth, FL, 33460 uses $82,848 cash to close to unlock $7,401/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $2,275/mo, and a $1,223/mo payment keeps the spread at $617/mo. Purchase price stands at $249,918, and rental yield measures 10.92% with $2,275/mo rent. Return on cash invested shows 28.84% in year one, and 5% annual appreciation builds toward $69,048 over five years. Five-year ROI reaches 151.34% and total cumulative return in cash records $125,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,275/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA