6008 Ellerston WAY #1011ImmokaleeFL34142
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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
Total monthly income runs $2,433/mo, and a $1,982/mo payment. Purchase price stands at $404,900, and rental yield measures 7.21% with $2,433/mo rent. Return on cash invested shows 17.64% in year one, and 5% annual appreciation builds toward $111,866 over five years. Five-year ROI reaches 91.24% and total cumulative return in cash records $122,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,433/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No 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
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