1339 Old Lakeport Rd LOT 1-1BMoore HavenFL33471
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.42% yield at 1339 Old Lakeport Rd LOT 1-1B, Moore Haven, FL, 33471 in Moore Haven is solid, but the $524/mo payment compresses net cash flow to $142/mo at $116,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $32,187 by year five, and $1,073/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $53,568.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $142 | $300 |
City averages based on Moore Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $915 |
| Total Monthly Debt Service | $727 |
| DSCR Ratio | 1.26x |
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 1993
1,830 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33471, Moore Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 1,689 (50.8%) |
| Renter Occupied HU | 474 (14.3%) |
| Vacant Housing Units | 1,161 (34.9%) |
| Median Home Value | $150,507 |
| Average Home Value | $220,330 |
Housing Distribution
Address Breakdown
Residential
2,116
Single Family
1,945
Multi-Family
171
Businesses
176
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 1993
1,830 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33471, Moore Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 1,689 (50.8%) |
| Renter Occupied HU | 474 (14.3%) |
| Vacant Housing Units | 1,161 (34.9%) |
| Median Home Value | $150,507 |
| Average Home Value | $220,330 |
Housing Distribution
Address Breakdown
Residential
2,116
Single Family
1,945
Multi-Family
171
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Millette • ANDERSON REALTY
Mls Name: Stellar MLS
Mls ID: #OK225745