6585 Lurais DriveLake WorthFL33463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6585 Lurais Drive, Lake Worth, FL, 33463 uses $171,080 cash to close to unlock $9,184/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $4,216/mo, and a $2,545/mo payment keeps the spread at $765/mo. Purchase price stands at $519,999, and rental yield measures 9.73% with $4,216/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 133.01% and total cumulative return in cash records $227,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,216/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 2003
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ophelia Jean Angelone • Action Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11137588