713 2nd Avenue SLake WorthFL33460
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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 713 2nd Avenue S, Lake Worth, FL, 33460 listed at $1,699,000 pairs $3,031/mo rent with a $8,316/mo payment. Total monthly income runs $3,031/mo. Return on cash invested measures 2.4% in year one, and rental yield registers 2.14% at a $1,699,000 basis. Equity gained on principal adds $10,963/yr, and annual property appreciation at 5% supports $469,402 by year five. Five-year ROI tracks 9.44% and total cumulative return in cash totals $51,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,031/mo property income relative to a $8,316/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
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Listed by: Gillian Lieberman • Provident Realty of South Florida Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11124204