609 16th Avenue N, Lake Worth, FL, 33460 | 6.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Worth at 609 16th Avenue N, Lake Worth, FL, 33460 offers a 6.77% rental yield on a $595,000 purchase with $3,355/mo rent. 42% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 84.71% and total cumulative return in cash at $165,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,355/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

10,000 sqft lot

$N/A/sqft

No HOA