6802 Milani 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
Investment property for sale in Lake Worth at 6802 Milani Street, Lake Worth, FL, 33467 listed at $769,000 pairs $5,493/mo rent with a $3,764/mo payment to leave $390/mo cash flow. Total monthly income runs $5,493/mo, and annual cash flow reaches $4,676/yr on $253,001 cash to close. Return on cash invested measures 21.91% in year one, and rental yield registers 8.57% at a $769,000 basis. Equity gained on principal adds $4,962/yr, and annual property appreciation at 5% supports $212,461 by year five. Five-year ROI tracks 114.12% and total cumulative return in cash totals $288,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,493/mo property income relative to a $3,764/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
9,583 sqft 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: Robert L Ulan • RE/MAX Prestige Realty/LW
Mls Name: BeachesMLS
Mls ID: #RX-11143631