806 E Windward Way #Ph 1Lake 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 806 E Windward Way #Ph 1, Lake Worth, FL, 33462 listed at $649,000 pairs $4,770/mo rent with a $3,177/mo payment to leave $463/mo cash flow. Total monthly income runs $4,770/mo, and annual cash flow reaches $5,552/yr on $213,521 cash to close. Return on cash invested measures 22.66% in year one, and rental yield registers 8.82% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 118.16% and total cumulative return in cash totals $252,300. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,770/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A 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: Holly J Hickman • Karl E. Scott Inc
Mls Name: BeachesMLS
Mls ID: #RX-11151070