240 S FrondaClewistonFL33440
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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 Clewiston at 240 S Fronda, Clewiston, FL, 33440 priced at $299,000 converts $2,502/mo rent into $425/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,502/mo, and annual cash flow totals $5,098/yr on $99,119 invested. Return on cash invested prints 25.05% in year one, and rental yield reads 10.04% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 131.42% and total cumulative return in cash sums $130,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,502/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33440, Clewiston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,274 (100%) |
| Owner Occupied HU | 5,124 (61.9%) |
| Renter Occupied HU | 2,060 (24.9%) |
| Vacant Housing Units | 1,090 (13.2%) |
| Median Home Value | $201,570 |
| Average Home Value | $268,336 |
Housing Distribution
Address Breakdown
Residential
6,202
Single Family
4,634
Multi-Family
1,568
Businesses
525
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Listed by: Graciela Cordova Cordova • Xclusive Homes LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10461081
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.