7800 W Lake DrLake Clarke ShoresFL33406
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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 Clarke Shores at 7800 W Lake Dr, Lake Clarke Shores, FL, 33406 offers a 11.3% rental yield on a $695,000 purchase with $6,544/mo rent. Total monthly income registers $6,544/mo, and a $3,402/mo payment leaves $1,846/mo available for distribution. Annual cash flow reaches $22,150/yr on $228,655 to close, and return on cash invested stands at 29.75% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 156.31% and total cumulative return in cash at $357,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,544/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
10,454 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
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Listed by: Sabra Kirkpatrick • Brown Harris Stevens of Palm Beach 7232
Mls Name: Palm Beach BOR
Mls ID: #24-1371
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.