1339 Old Lakeport Road NW #14Moore HavenFL33471
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 Moore Haven at 1339 Old Lakeport Road NW #14, Moore Haven, FL, 33471 generates $912/mo in rent and, after a $563/mo payment, leaves $149/mo in cash flow. Total monthly income is $912/mo, and annual cash flow is $1,785/yr on $38,123 invested. Return on cash invested sits at 24.59% in year one, and rental yield is 9.52% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash sums $49,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $912/mo property income rather than buyer’s personal income.
Condo
Built in 1988
1,263 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: Lori Fairchild • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11150915