304 Farm PlPahokeeFL33476
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 304 Farm Pl, Pahokee, FL, 33476 in Pahokee achieves a 1.92 ratio at $119,900: $1,036/mo rent versus $539/mo debt service. Rental yield 10.37%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.37% yield compounds alongside 5% annual appreciation projecting $33,126 in value. Total projected cumulative return: $40,224.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $(110) | $500 |
City averages based on Pahokee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,036 |
| Total Monthly Debt Service | $1,098 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2022
2,800 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33476, Pahokee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,702 (100%) |
| Owner Occupied HU | 1,004 (37.2%) |
| Renter Occupied HU | 1,421 (52.6%) |
| Vacant Housing Units | 277 (10.3%) |
| Median Home Value | $164,720 |
| Average Home Value | $211,402 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,269
Multi-Family
4
Businesses
166
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
Manufactured
Built in 2022
2,800 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33476, Pahokee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,702 (100%) |
| Owner Occupied HU | 1,004 (37.2%) |
| Renter Occupied HU | 1,421 (52.6%) |
| Vacant Housing Units | 277 (10.3%) |
| Median Home Value | $164,720 |
| Average Home Value | $211,402 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,269
Multi-Family
4
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices