6779 Barrier Reef StreetLake 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
Rental property for sale in Lake Worth at 6779 Barrier Reef Street, Lake Worth, FL, 33467 priced at $699,000 converts $4,154/mo rent into after a $3,421/mo obligation. Total monthly income equals $4,154/mo. Return on cash invested prints 15.36% in year one, and rental yield reads 7.13% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 79.81% and total cumulative return in cash sums $183,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,154/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1996
10,138 sqft lot
$N/A/sqft
$222 monthly 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: Amanda Amo • Illustrated Properties (Abacoa)
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11073148
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