150 Smallwood Dr #61ChokoloskeeFL34138
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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 Chokoloskee at 150 Smallwood Dr #61, Chokoloskee, FL, 34138 uses $39,747 cash to close to unlock $1,526/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $923/mo, and a $587/mo payment keeps the spread at $127/mo. Purchase price stands at $119,900, and rental yield measures 9.24% with $923/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 124.11% and total cumulative return in cash records $49,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $923/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in N/A
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
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Listed by: Greg Janowicz • AMI Beaches Real Estate LLC
Mls Name: My State MLS
Mls ID: #11607168