1218 Bush St EImmokaleeFL34142
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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 Immokalee at 1218 Bush St E, Immokalee, FL, 34142 offers a 12.16% rental yield on a $328,900 purchase with $3,332/mo rent. Total monthly income registers $3,332/mo, and a $1,610/mo payment leaves $1,071/mo available for distribution. Annual cash flow reaches $12,850/yr on $109,030 to close, and return on cash invested stands at 31.69% in year one. Equity gained on principal adds $2,122/yr while 5% annual appreciation supports $90,869 over five years. Portfolio math shows five-year ROI at 166.94% and total cumulative return in cash at $182,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,332/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$940 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34142, Immokalee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,170 (100%) |
| Owner Occupied HU | 7,515 (57.1%) |
| Renter Occupied HU | 4,257 (32.3%) |
| Vacant Housing Units | 1,398 (10.6%) |
| Median Home Value | $403,752 |
| Average Home Value | $472,507 |
Housing Distribution
Address Breakdown
Residential
10,496
Single Family
9,125
Multi-Family
1,371
Businesses
523
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Listed by: Gayle Van Wagenen • LGI Realty- Florida, LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224081375
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.