200 SW 16th StBelle GladeFL33430
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 200 SW 16th St, Belle Glade, FL, 33430 in Belle Glade. Priced at $549,900, it generates $5,118/mo in gross rent and $1,469/mo in net monthly cash flow, a 11.17% yield that comfortably supports the 2.07 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $17,625. Five-year appreciation: $151,927. Equity from principal paydown: $5,065/yr. Total projected cumulative return: $304,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 8.0% |
| Monthly Cash Flow | $1,469 | $1,500 |
City averages based on Belle Glade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,118 |
| Total Monthly Debt Service | $3,430 |
| DSCR Ratio | 1.49x |
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.
Single Family
Built in 1940
1.05 Acres 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
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
Single Family
Built in 1940
1.05 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Fugina • Marlin Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11693139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.