6374 Old Medinah CircleLake 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
Investment property for sale in Lake Worth at 6374 Old Medinah Circle, Lake Worth, FL, 33463 listed at $949,995 pairs $5,147/mo rent with a $4,650/mo payment. Total monthly income runs $5,147/mo. Return on cash invested measures 15.62% in year one, and rental yield registers 6.5% at a $949,995 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,466 by year five. Five-year ROI tracks 80.38% and total cumulative return in cash totals $251,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,147/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
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: Mark Rucco • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11135008