7823 Loomis StLake WorthFL33462
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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 7823 Loomis St, Lake Worth, FL, 33462 uses $87,848 cash to close to unlock $9,066/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,297/mo payment keeps the spread at $755/mo. Purchase price stands at $265,000, and rental yield measures 11.38% with $2,514/mo rent. Return on cash invested shows 30.23% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 158.79% and total cumulative return in cash records $139,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1953
5,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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Listed by: Melchire Stville • Kariza Capital Realty, LLC
Mls Name: MIAMI
Mls ID: #A11884988