7108 Catalina WayLake 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 7108 Catalina Way, Lake Worth, FL, 33467 uses $176,015 cash to close to unlock $11,403/yr annual cash flow and $950/mo monthly cash flow. Total monthly income runs $4,662/mo, and a $2,619/mo payment keeps the spread at $950/mo. Purchase price stands at $535,000, and rental yield measures 10.46% with $4,662/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash records $245,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,662/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1993
6,247 sqft lot
$N/A/sqft
$161 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: StellaMarie Sciortino • Investment Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.