7018 Ramrod CirLabelleFL33935
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
Investment Highlights
Rental property for sale in Labelle at 7018 Ramrod Cir, Labelle, FL, 33935 priced at $299,335 converts $2,760/mo rent into $774/mo cash flow after a $1,465/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $9,284/yr on $99,230 invested. Return on cash invested prints 29.26% in year one, and rental yield reads 11.06% against a $299,335 entry. Equity gained on principal adds $1,932/yr, while 5% annual appreciation compiles into $82,701 by year five. Five-year ROI reaches 153.61% and total cumulative return in cash sums $152,431. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,465/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.32 Acres 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: Michael Bone • DR Horton Realty SW FL LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224044169
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.