987 Admiral Bull Halsey AveLabelleFL33935
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 987 Admiral Bull Halsey Ave, Labelle, FL, 33935 in Labelle. Rental yield 5.97%. At $554,900 with 5.97% gross yield, current distributions are modest, but the 5% appreciation rate projects $153,309 in new equity by year five, complemented by $5,111/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.11) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $143,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(1,072) | $150 |
City averages based on Labelle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $3,612 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2024
0.35 Acres lot
$N/A/sqft
$150 monthly 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
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 2024
0.35 Acres lot
$N/A/sqft
$150 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gayle Van Wagenen • LGI Realty- Florida, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #224075624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.