Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Photo
Photo
Photo
Photo
See all photos

$579,000

For Sale - Active
217 W Del Monte Ave, Clewiston, FL 33440
3 Beds
2 Baths
2,106 Square Feet
0.00 Acres Lot
Built in 1968
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Jun 05, 2025 at 03:07AM

Investment Summary


Monthly Cash Flow
-$1,178
Cap Rate
3.7%
Cash-on-Cash Return
-10.6%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.3%

Property Description


0.00 Acres Lot
Built in 1968
For Sale - Active
Units n/a

EXECUTIVE HOME FOR THE FAMILY WHO LIKES THE COUNTRY! Only in Clewiston will you find almost an acre on the Ridge with a 2100 + SF home built by Michigan Homes featuring 3 bd/2 ba. Not only is the land spacious but the home is laid out perfectly for everyone to be at home but feel like you are alone.....the view from kitchen is spectacular looking out seeing no one and beautiful native plants. Custom built bar and screened area on lanai where you can hang out in tropic fresh climate! Saving the best for last with custom tree house for the kiddos and over the top 48 X 30 metal storage building for the man and his toys. Make your showing appointment today!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Mixed
  • Details: Attached, Detached, Underground, Garage, RV Access/Parking, Detached Carport, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Roof Type: Gable or Hip
  • Roof Material: Metal

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 33443010100030002.0
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1968

Tax Information

  • Annual Tax: $4,205

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Location

  • County: Hendry

Listing Details


Listed by:
Luan Walker
Sugar Realty, Inc.
(863) 677-1010

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225044595
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$1,178
Cap Rate
3.7%
Cash-on-Cash Return
-10.6%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.3%

Purchase Details

Find an Agent

Purchase price:
$579,000
Amount financed:
-$463,200
Down payment:
$115,800
Closing costs:
$17,370
Rehab costs:
$0
Initial cash invested:
$133,170
Square feet:
2,106
Cost per square foot:
$275
Monthly rent per square foot:
$1.47

Financing Details

Find a Lender

Loan amount:
$463,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,966
Property tax:
$351
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,534

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$351-$4,206
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$1,126-$13,506

Cash Flow


Monthly Yearly
Net operating income:
$1,788 $21,456
Mortgage payments:
-$2,966 -$35,592
Cash flow:
$1,178 $14,136