681 Ridge DrClewistonFL33440
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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 Clewiston at 681 Ridge Dr, Clewiston, FL, 33440 priced at $118,000 pairs $911/mo rent with $127/mo cash flow after a $578/mo payment. Total monthly income equals $911/mo, and annual cash flow comes to $1,530/yr on $39,117 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 9.26% on a $118,000 basis. Equity gained on principal adds $761/yr, and 5% annual appreciation accumulates to $32,601 by year five. Five-year ROI measures 124.47% and total cumulative return in cash reaches $48,687. For financing, Ziffy Mortgage’s DSCR program evaluates $911/mo property income against a $578/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33440, Clewiston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,274 (100%) |
| Owner Occupied HU | 5,124 (61.9%) |
| Renter Occupied HU | 2,060 (24.9%) |
| Vacant Housing Units | 1,090 (13.2%) |
| Median Home Value | $201,570 |
| Average Home Value | $268,336 |
Housing Distribution
Address Breakdown
Residential
6,202
Single Family
4,634
Multi-Family
1,568
Businesses
525
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