933 SE 2nd StreetBelle GladeFL33430
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 933 SE 2nd Street, Belle Glade, FL, 33430 in Belle Glade: $3,235/mo in rent, $677/mo net, 10.07% gross yield, all on a $385,500 acquisition. The 1.87 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $106,507 in value, and $3,550/yr in principal paydown steadily builds equity. Projected total cumulative return: $190,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $677 | $1,500 |
City averages based on Belle Glade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,235 |
| Total Monthly Debt Service | $2,405 |
| DSCR Ratio | 1.35x |
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.
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33430, Belle Glade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,532 (33.0%) |
| Renter Occupied HU | 4,320 (56.3%) |
| Vacant Housing Units | 824 (10.7%) |
| Median Home Value | $216,322 |
| Average Home Value | $303,961 |
Housing Distribution
Address Breakdown
Residential
6,339
Single Family
4,802
Multi-Family
1,537
Businesses
678
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
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33430, Belle Glade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,532 (33.0%) |
| Renter Occupied HU | 4,320 (56.3%) |
| Vacant Housing Units | 824 (10.7%) |
| Median Home Value | $216,322 |
| Average Home Value | $303,961 |
Housing Distribution
Address Breakdown
Residential
6,339
Single Family
4,802
Multi-Family
1,537
Businesses
678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BeachesMLS
Mls ID: #B26009465