621 Olympia PlLabelleFL33935
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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 Labelle at 621 Olympia Pl, Labelle, FL, 33935 priced at $330,999 converts $2,879/mo rent into $683/mo cash flow after a $1,620/mo obligation. Total monthly income equals $2,879/mo, and annual cash flow totals $8,190/yr on $109,726 invested. Return on cash invested prints 27.37% in year one, and rental yield reads 10.44% against a $330,999 entry. Equity gained on principal adds $2,136/yr, while 5% annual appreciation compiles into $91,449 by year five. Five-year ROI reaches 143.47% and total cumulative return in cash sums $157,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,879/mo property income covering a $1,620/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33935, Labelle, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,336 (62.0%) |
| Renter Occupied HU | 2,005 (19.6%) |
| Vacant Housing Units | 1,878 (18.4%) |
| Median Home Value | $222,449 |
| Average Home Value | $278,305 |
Housing Distribution
Address Breakdown
Residential
8,407
Single Family
8,243
Multi-Family
164
Businesses
438
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Listed by: Ronen Montyano • Mark It Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11616364
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