6891 Blue Skies 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 6891 Blue Skies Drive, Lake Worth, FL, 33463 uses $116,025 cash to close to unlock $10,025/yr annual cash flow and $835/mo monthly cash flow. Total monthly income runs $3,158/mo, and a $1,713/mo payment keeps the spread at $835/mo. Purchase price stands at $350,000, and rental yield measures 10.83% with $3,158/mo rent. Return on cash invested shows 28.55% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash records $173,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,158/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
1,259 sqft 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: Linda M Brennan • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls ID: #RX-11114024