6047 Palm Harbor Dr LOT 29Lake WorthFL33462
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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
Investment property for sale in Lake Worth at 6047 Palm Harbor Dr LOT 29, Lake Worth, FL, 33462 earns $158/mo cash flow from $1,226/mo rent with a $788/mo payment. Total monthly income totals $1,226/mo, and annual cash flow totals $1,893/yr on $53,338 capital. ROI tracks 23.46% on current figures, and rental yield reads 9.14% at a $160,900 purchase. Equity gained on principal adds $1,038/yr, and 5% annual appreciation supports $44,454 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash sums $65,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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Listed by: Patrick Rang • Palm Breezes Club
Mls Name: My State MLS
Mls ID: #11575369