585 SW Sw 6th Street StreetBelle GladeFL33430
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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
Investment Highlights
Rental property for sale in Belle Glade at 585 SW Sw 6th Street Street, Belle Glade, FL, 33430 priced at $100,000 converts $757/mo rent into $94/mo cash flow after a $489/mo obligation. Total monthly income equals $757/mo, and annual cash flow totals $1,126/yr on $33,150 invested. Return on cash invested prints 23.31% in year one, and rental yield reads 9.08% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 121.64% and total cumulative return in cash sums $40,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $757/mo property income covering a $489/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
0.06 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33430, Belle Glade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,532 (33.0%) |
| Renter Occupied HU | 4,320 (56.3%) |
| Vacant Housing Units | 824 (10.7%) |
| Median Home Value | $216,322 |
| Average Home Value | $303,961 |
Housing Distribution
Address Breakdown
Residential
6,339
Single Family
4,802
Multi-Family
1,537
Businesses
678
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Listed by: Temika Clay • Florida Premier Realty of the Palm Beaches LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11072521
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