707 Hoover Dike Rd APT 204ClewistonFL33440
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 707 Hoover Dike Rd APT 204, Clewiston, FL, 33440 in Clewiston at $220,000 earns $1,531/mo in rent and nets $19/mo after the $989/mo payment, a 8.35% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $60,782 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $2,026/yr in principal paydown, total projected return reaches $85,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $19 | $150 |
City averages based on Clewiston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,531 |
| Total Monthly Debt Service | $1,425 |
| DSCR Ratio | 1.07x |
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.
Townhouse
Built in 1990
914.76 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
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
Townhouse
Built in 1990
914.76 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Moore • Everglades Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225030493
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.