8312 Tobago LaneWellingtonFL33414
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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 Wellington at 8312 Tobago Lane, Wellington, FL, 33414 listed at $685,000 pairs $4,696/mo rent with a $3,353/mo payment to leave $150/mo cash flow. Total monthly income runs $4,696/mo, and annual cash flow reaches $1,800/yr on $225,365 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 8.23% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 108.48% and total cumulative return in cash totals $244,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,696/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
6,777 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Jennifer Karina Booker • Berkshire Hathaway HomeSvs FL
Mls Name: BeachesMLS
Mls ID: #RX-11117513