601 SE 5th StreetBelle GladeFL33430
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Belle Glade rentals match the income profile of 601 SE 5th Street, Belle Glade, FL, 33430. Listed at $315,000, gross rent is $2,941/mo and net cash flow is $851/mo, a 11.2% yield well above national averages. DSCR 2.08 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $87,029 by year five with $2,901/yr in annual principal reduction, projecting $174,850 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 8.0% |
| Monthly Cash Flow | $851 | $1,500 |
City averages based on Belle Glade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,941 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 1.50x |
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.
Single Family
Built in 1938
0.48 Acres 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
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
Single Family
Built in 1938
0.48 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara S Rousseau • Real Broker, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11142181