7735 Edgewater DrLake Clarke ShoresFL33406
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 Clarke Shores at 7735 Edgewater Dr, Lake Clarke Shores, FL, 33406 listed at $635,000 pairs $4,859/mo rent with a $3,108/mo payment to leave $645/mo cash flow. Total monthly income runs $4,859/mo, and annual cash flow reaches $7,740/yr on $208,915 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 9.18% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 124.1% and total cumulative return in cash totals $259,256. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,859/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
9,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shocelin Montesinos • Keller Williams Central
Mls Name: MIAMI
Mls ID: #A11834398