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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pahokee at 314 Carissa Drive, Pahokee, FL, 33476 at $285,000 posts ROI 25.82% with $466/mo cash flow from $2,357/mo rent. Total monthly income equals $2,357/mo, and annual cash flow records $5,587/yr on $94,478 to close. Return on cash invested measures 25.82% and rental yield reads 9.92% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 135.15% and total cumulative return in cash totals $127,686.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
6,768 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33476, Pahokee, FL area.
| 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 |
Residential
2,273
Single Family
2,269
Multi-Family
4
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-12-01 | Listed for sale | $285,000 |
| 2024-10-23 | Sold | $110,700 |
| 1996-11-13 | Sold | $74,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $838.00 | 0.48% | $57,144 | 3.00% |
| 2022-12-25 | $834.00 | 0.24% | $55,480 | 3.00% |
| 2021-12-25 | $832.00 | 0.62% | $53,864 | 1.40% |
Listed by: Oscar Herrera • EXP Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11041287
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.
