5806 Channel DriveGreenacresFL33463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5806 Channel Drive, Greenacres, FL, 33463 listed at $292,000 pairs $2,420/mo rent with a $1,429/mo payment to leave $482/mo cash flow. Total monthly income runs $2,420/mo, and annual cash flow reaches $5,789/yr on $96,798 cash to close. Return on cash invested measures 25.89% in year one, and rental yield registers 9.95% at a $292,000 basis. Equity gained on principal adds $1,884/yr, and annual property appreciation at 5% supports $80,674 by year five. Five-year ROI tracks 135.52% and total cumulative return in cash totals $131,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,420/mo property income relative to a $1,429/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
1,006 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucas Vitaller • Highlight Realty Corp/LW
Mls Name: BeachesMLS
Mls ID: #RX-11153641