810 Lake Shore Dr APT 16Lake ParkFL33403
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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 Park at 810 Lake Shore Dr APT 16, Lake Park, FL, 33403 earns $1,139/mo cash flow from $2,092/mo rent with a $612/mo payment. Total monthly income totals $2,092/mo, and annual cash flow totals $13,665/yr on $41,438 capital. ROI tracks 52.89% on current figures, and rental yield reads 20.08% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 281.58% and total cumulative return in cash sums $116,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,092/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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