8359 Hanoverian DriveLake WorthFL33467
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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 8359 Hanoverian Drive, Lake Worth, FL, 33467 earns $486/mo cash flow from $4,634/mo rent with a $3,059/mo payment. Total monthly income totals $4,634/mo, and annual cash flow totals $5,838/yr on $205,625 capital. ROI tracks 22.9% on current figures, and rental yield reads 8.9% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash sums $245,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,634/mo property income instead of your personal income.
Single Family
Built in 2018
4,948 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Linda Esposito • Serhant
Mls Name: BeachesMLS
Mls ID: #RX-11119721