1180 Chokoloskee Dr #12Chokoloskee IslandFL34138
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 1180 Chokoloskee Dr #12, Chokoloskee Island, FL, 34138 in Chokoloskee Island is a conservative rental investment at $294,500. Rental yield 8.03%. A 1.49 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $81,365; $2,712/yr in principal paydown supplements. Total projected return: $113,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $(148) | $1,200 |
City averages based on Chokoloskee Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,971 |
| Total Monthly Debt Service | $1,837 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34138, Chokoloskee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 128 (50.8%) |
| Renter Occupied HU | 39 (15.5%) |
| Vacant Housing Units | 85 (33.7%) |
| Median Home Value | $223,837 |
| Average Home Value | $314,863 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34138, Chokoloskee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 128 (50.8%) |
| Renter Occupied HU | 39 (15.5%) |
| Vacant Housing Units | 85 (33.7%) |
| Median Home Value | $223,837 |
| Average Home Value | $314,863 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11343975