5583 Double Eagle Circle Ave #4134ImmokaleeFL34142
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 5583 Double Eagle Circle Ave #4134, Immokalee, FL, 34142 in Immokalee achieves a 1.96 ratio at $249,990: $2,202/mo rent versus $1,124/mo debt service. Rental yield 10.57%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.57% yield compounds alongside 5% annual appreciation projecting $69,068 in value. Total projected cumulative return: $74,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 8.0% |
| Monthly Cash Flow | $(381) | $300 |
City averages based on Immokalee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,202 |
| Total Monthly Debt Service | $2,484 |
| DSCR Ratio | 0.89x |
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.
Condo
Built in 2025
N/A lot
$N/A/sqft
$11,090 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34142, Immokalee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,170 (100%) |
| Owner Occupied HU | 7,515 (57.1%) |
| Renter Occupied HU | 4,257 (32.3%) |
| Vacant Housing Units | 1,398 (10.6%) |
| Median Home Value | $403,752 |
| Average Home Value | $472,507 |
Housing Distribution
Address Breakdown
Residential
10,496
Single Family
9,125
Multi-Family
1,371
Businesses
523
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
Condo
Built in 2025
N/A lot
$N/A/sqft
$11,090 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34142, Immokalee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,170 (100%) |
| Owner Occupied HU | 7,515 (57.1%) |
| Renter Occupied HU | 4,257 (32.3%) |
| Vacant Housing Units | 1,398 (10.6%) |
| Median Home Value | $403,752 |
| Average Home Value | $472,507 |
Housing Distribution
Address Breakdown
Residential
10,496
Single Family
9,125
Multi-Family
1,371
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Meyers • Lennar Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225026941
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.