583 Rambling Drive CircleWellingtonFL33414
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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 Wellington at 583 Rambling Drive Circle, Wellington, FL, 33414 priced at $1,050,000 pairs $3,859/mo rent with after a $5,139/mo payment. Total monthly income equals $3,859/mo. Return on cash invested is 9.4% in year one, and rental yield stands at 4.41% on a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and 5% annual appreciation accumulates to $290,096 by year five. Five-year ROI measures 47.02% and total cumulative return in cash reaches $159,965. For financing, Ziffy Mortgage’s DSCR program evaluates $3,859/mo property income against a $5,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Michael Hunnewell • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11140944