2638 Ortona Locks RdMoore HavenFL33471
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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 Moore Haven at 2638 Ortona Locks Rd, Moore Haven, FL, 33471 generates $1,483/mo in rent and, after a $1,052/mo payment, leaves $57/mo in cash flow. Total monthly income is $1,483/mo, and annual cash flow is $678/yr on $71,273 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.28% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash sums $77,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,483/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
N/A 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
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Listed by: Yelimar Lobo • Canvas Real Estate
Mls Name: MIAMI
Mls ID: #A11928947