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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lake Worth at 545 Covered Bridge Boulevard #B, Lake Worth, FL, 33467 offers $1,105/mo rent that, after a $680/mo payment, leaves $183/mo cash flow. Total monthly income is $1,105/mo, and annual cash flow is $2,195/yr on $46,079 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 9.54% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 128.98% and total cumulative return in cash reaches $59,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,105/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kerry Ann Gallagher • Gallagher Realty Advisors
Mls Name: BeachesMLS
Mls ID: #RX-11092255
