5701 Mayflower Way Ave #1306ImmokaleeFL34142
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 5701 Mayflower Way Ave #1306, Immokalee, FL, 34142 in Immokalee hard to pass up. The 12.61% gross yield on a $339,000 purchase results in $3,562/mo in rent and $565/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.34). Annual cash flow of $6,779, five-year appreciation of $93,659, and $3,122/yr in equity build-up combine for a projected total cumulative return of $168,871.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 8.0% |
| Monthly Cash Flow | $565 | $300 |
City averages based on Immokalee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,562 |
| Total Monthly Debt Service | $2,862 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2021
N/A lot
$N/A/sqft
$8,964 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 2021
N/A lot
$N/A/sqft
$8,964 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