884 Worcester LaneLake 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 884 Worcester Lane, Lake Worth, FL, 33467 at $134,900 posts ROI 23.77% with $144/mo cash flow from $1,039/mo rent. Total monthly income equals $1,039/mo, and annual cash flow records $1,729/yr on $44,719 to close. Return on cash invested measures 23.77% and rental yield reads 9.24% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 124.25% and total cumulative return in cash totals $55,565.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,039/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
N/A 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: Karen E Cusenza • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11153372