7235 St Andrews RoadLake 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 7235 St Andrews Road, Lake Worth, FL, 33467 listed at $575,000 pairs $3,727/mo rent with a $2,814/mo payment. Total monthly income runs $3,727/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 7.78% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 101.2% and total cumulative return in cash totals $191,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,727/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Price change | $575,000 |
| 2024-11-01 | Price change | $599,000 |
| 2024-09-04 | Listed for sale | $650,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2801.00 | -1.34% | $184,687 | 3.00% |
| 2022-12-25 | $2839.00 | 1.76% | $179,308 | 3.00% |
| 2021-12-25 | $2790.00 | 1.04% | $174,085 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1963
- Architectural Style: N/A
- Building Area: 2,610
- Living Area: 2,102 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric, Fireplace(s)
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Tile
- Interior Features: Bar, Built-in Features, Closet Cabinets, Custom Mirror, Kitchen Island, Pantry, Split Bedroom
- Exterior Features: Auto Sprinkler, Room for Pool, Well Sprinkler
- Parking Features: 2+ Spaces, Attached Carport, Driveway, Garage - Attached, Slab Strip, On Street
Location
- City: Lake Worth
- State: FL
- Subdivision: Palm Beach Natl Golf And Country Club Estates 2
- Lot Size: 0.26 Acres
- Lot Features: 1/4 to 1/2 Acre
- View: Golf Course
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lee Farmer • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11017982
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.