360 Kismet Avenue, Pahokee, FL, 33476 | 7.64% Rental Yield

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360 Kismet Avenue, Pahokee, FL, 33476 | 7.64% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Pahokee at 360 Kismet Avenue, Pahokee, FL, 33476 generates $3,113/mo in rent, after a $2,393/mo payment. Total monthly income is $3,113/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 7.64% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 98.21% and total cumulative return in cash sums $159,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,113/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

1.15 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious and beautifully updated CBS home on 1.53 acres with no HOA, located in Pahokee, FL! Built in 1961 and offering over 3,200 sq ft of living space, this 3-bedroom, 3-bath home features two separate living areas with fireplaces, a dedicated office, and a large laundry room. Enjoy Florida living year-round with a heated in-ground pool, recently resurfaced along with the pool deck. The home boasts two new impact entry doors, LED lighting throughout, new windows, and assumable solar panels for energy efficiency. The attached 2-car garage is enclosed and climate-controlled insulated with 2 mini-split A/C units--ideal for a gym, workspace, or additional storage. A newly paved driveway adds to the curb appeal, and with no HOA restrictions, the possibilities are endless!

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