703 N 7th StLantanaFL33462
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 703 N 7th St, Lantana, FL, 33462 in Lantana speaks for itself: 37.41% gross on a $415,000 price, generating $12,936/mo in rent and $9,981/mo in net income after the $1,866/mo debt service. DSCR 6.93, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $119,773 stacks alongside $114,657 in projected five-year appreciation and $3,822/yr in principal reduction. Projected total cumulative return: $801,351.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 37.4% | 5.0% |
| Monthly Cash Flow | $9,981 | $150 |
City averages based on Lantana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,936 |
| Total Monthly Debt Service | $2,790 |
| DSCR Ratio | 4.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
5,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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
Single Family
Built in 1954
5,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices