145 NE 1st StreetBelle GladeFL33430
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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
Rental property for sale in Belle Glade at 145 NE 1st Street, Belle Glade, FL, 33430 generates $2,273/mo in rent and, after a $1,395/mo payment, leaves $382/mo in cash flow. Total monthly income is $2,273/mo, and annual cash flow is $4,579/yr on $94,478 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 9.57% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 129.43% and total cumulative return in cash sums $122,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,983 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33430, Belle Glade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,532 (33.0%) |
| Renter Occupied HU | 4,320 (56.3%) |
| Vacant Housing Units | 824 (10.7%) |
| Median Home Value | $216,322 |
| Average Home Value | $303,961 |
Housing Distribution
Address Breakdown
Residential
6,339
Single Family
4,802
Multi-Family
1,537
Businesses
678
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Listed by: Leonor Depaz • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11128932