602 N H Street #1a,2a,3a,5b,7b,8bLake WorthFL33460
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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 602 N H Street #1a,2a,3a,5b,7b,8b, Lake Worth, FL, 33460 generates $3,132/mo in rent, after a $5,873/mo payment. Total monthly income is $3,132/mo. Return on cash invested sits at 5.46% in year one, and rental yield is 3.13% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 25.85% and total cumulative return in cash sums $100,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,132/mo property income rather than buyer’s personal income.
Multi Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
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Listed by: Astrid A Paternina • Atlantic Florida Properties Inc
Mls Name: BeachesMLS
Mls ID: #RX-11098958