9770 Scribner LnWellingtonFL33414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9770 Scribner Ln, Wellington, FL, 33414 generates $4,000/mo in rent, after a $3,671/mo payment. Total monthly income is $4,000/mo. Return on cash invested sits at 15.31% in year one, and rental yield is 6.4% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 78.72% and total cumulative return in cash sums $194,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
5,186 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Magualine Thompson • Ocean World Realty & Invest.
Mls Name: MIAMI
Mls ID: #A11874049