637 E Palm AveGoodlandFL34140
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 637 E Palm Ave, Goodland, FL, 34140 in Goodland is capital appreciation. Rental yield 0%. The 0% gross yield at $605,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $167,150 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Goodland market data in our database. Property projections are estimates.
Single Family
Built in 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34140, Goodland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 149 (41.0%) |
| Renter Occupied HU | 22 ( 6.1%) |
| Vacant Housing Units | 192 (52.9%) |
| Median Home Value | $675,347 |
| Average Home Value | $875,369 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34140, Goodland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 149 (41.0%) |
| Renter Occupied HU | 22 ( 6.1%) |
| Vacant Housing Units | 192 (52.9%) |
| Median Home Value | $675,347 |
| Average Home Value | $875,369 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices