833 Forest Glen 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
Rental property for sale in Wellington at 833 Forest Glen Lane, Wellington, FL, 33414 generates $4,821/mo in rent, after a $6,363/mo payment. Total monthly income is $4,821/mo. Return on cash invested sits at 9.53% in year one, and rental yield is 4.45% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 47.66% and total cumulative return in cash sums $200,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,821/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.41 Acres 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: Junko Fujii • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11104919