647 Marlboro OvalLake WorthFL33467
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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 647 Marlboro Oval, Lake Worth, FL, 33467 with 5% annual appreciation on a $249,900 basis while $2,179/mo rent supports operations. Total monthly income totals $2,179/mo and a $1,223/mo payment preserves $521/mo for cash returns. Annual cash flow comes to $6,249/yr on $82,842 deployed, and return on cash invested reaches 27.45% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 10.46%. Five-year ROI measures 143.87% and total cumulative return in cash totals $119,186.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,179/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Jeffrey L Tricoli • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11115730