828 Sweet Lake CirClewistonFL33440
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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
Investment property for sale in Clewiston at 828 Sweet Lake Cir, Clewiston, FL, 33440 uses $69,615 cash to close to unlock $14,732/yr annual cash flow and $1,228/mo monthly cash flow. Total monthly income runs $3,014/mo, and a $1,028/mo payment keeps the spread at $1,228/mo. Purchase price stands at $210,000, and rental yield measures 17.22% with $3,014/mo rent. Return on cash invested shows 41.07% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 219.39% and total cumulative return in cash records $152,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,014/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
$3,300 annually 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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Listed by: Cheryl Gutjahr • Rawls Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224091901
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.