5928 Ithaca Circle WLake WorthFL33463
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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 Lake Worth at 5928 Ithaca Circle W, Lake Worth, FL, 33463 generates $3,421/mo in rent and, after a $2,398/mo payment, leaves $170/mo in cash flow. Total monthly income is $3,421/mo, and annual cash flow is $2,035/yr on $162,435 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.38% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 110.16% and total cumulative return in cash sums $178,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,421/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
N/A 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: Marco Rangel • Century 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #RX-11114941