7758 Springfield Lake DrLake 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 7758 Springfield Lake Dr, Lake Worth, FL, 33467 at $510,000 posts ROI 25.28% with $729/mo cash flow from $4,432/mo rent. Total monthly income equals $4,432/mo, and annual cash flow records $8,753/yr on $167,790 to close. Return on cash invested measures 25.28% and rental yield reads 10.43% at the current $510,000. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 by year five. Five-year ROI prints 133.03% and total cumulative return in cash totals $223,203.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,432/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
3,934 sqft lot
$N/A/sqft
$510 quarterly 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: Margaret Dippolito • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11719805
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.