7020 Ramrod · Port LaBelle, FL 33935

$299,900

4 bd · 2.0 ba · 1,485 sqft · SingleFamily public records · 6 Days on market

Built 2023 Est $296k · at est.

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +7.5/30.0
• ARV discount +6.8/15.0
• Schools +3.1/10.0
• Livability +3.1/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.6/10.0

Listing remarks MLS

Step into modern comfort with this beautifully designed 4-bedroom, 2-bathroom home featuring 1,485 sq. ft. of living space and a spacious 2-car garage. Constructed in 2023, this nearly-new home offers a smart, open layout ideal for both daily living and entertaining. The interior showcases durable tile flooring in the main living areas and plush carpeting in the bedrooms for added warmth and comfort. Enjoy the convenience of city water paired with a private septic system, offering the perfect blend of suburban comfort and self-sufficiency. Whether you're searching for a move-in ready primary residence or a high-potential investment property, this home is a fantastic option. Located in a peaceful, fast-growing neighborhood of LaBelle, you’re just a short drive from local parks, shopping, restaurants, schools, and boating opportunities on the Caloosahatchee River. With modern finishes, quality construction, and a desirable floor plan, this home is ready for its new owners to move right in and start enjoying everything Southwest Florida has to offer.

Key facts

• 2 garage spots
• Built 2023
• Listed 6 days

Property features AI

Finance

• Financial info: Lease considered

Exterior

• Parking: Attached garage; 2 covered garage spaces; Driveway; Garage door opener
• Utilities: Public water; Septic tank
• Home design: Single-story; Faces west
• Construction: Block construction; Shingle roof; Resale property
• Exterior features: City street frontage; Less than quarter acre lot; Residential zoning

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: Bedroom on main level
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: First-floor entry; Pantry; Walk-in closet(s)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-371 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $234k (21.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (24.2% below list).
• Recommended offer: $227k (24.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#750 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Hendry (town): math 35% / reading 40% proficiency, ranked #65 of 73 in FL (top 89%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Country Oaks Elementary School (math 48% / reading 45%, grade D-, #1,223 of 2,144 statewide, top 57%, 893 students, 75% FRL); Labelle Middle School (math 37% / reading 38%, grade F, #395 of 571 statewide, top 70%, 817 students, 72% FRL); Labelle High School (math 42% / reading 41%, grade F, #284 of 667 statewide, top 43%, 1,451 students, 62% FRL).
• Market conditions: 950 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 557 units permitted in Hendry County in 2024 (45 in 5+ unit buildings).
• At $2,272/mo this rent would consume 48% of the median local household income ($57k/yr) (locally 498% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $32k of equity ($2k loan paydown + $30k appreciation (10.0% local appreciation)).
• Hendry County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 2, paydown + projected appreciation supports a ~$52k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 13 sale attempts since 3y ago; this cycle's ask is 14895% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,191 (24.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 4.81%
• Cash-on-cash: -5.30%
• DSCR: 0.76
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $295,515
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7018 Waldo Cir	0.12mi	3/2.0 (-1)	1,535 (+3%)	9mo	$305,000	$199	76
7011 Waldo Cir	0.06mi	3/2.0 (-1)	1,367 (-8%)	5mo	$265,000	$194	75
7031 Hero Cir	0.36mi	3/2.0 (-1)	1,409 (-5%)	6mo	$254,990	$181	64
7005 Tide Cir	0.21mi	3/2.0 (-1)	1,356 (-9%)	7mo	$300,000	$221	64
9048 Lamkin Cir	0.65mi	3/2.0 (-1)	1,408 (-5%)	1mo	$257,500	$183	55
9006 Lamkin Cir	0.69mi	3/2.0 (-1)	1,419 (-4%)	1mo	$300,000	$211	55
7006 Patriot Ct	0.42mi	3/2.0 (-1)	1,324 (-11%)	3mo	$273,400	$206	55
7029 Hero Cir	0.37mi	3/2.0 (-1)	1,632 (+10%)	9mo	$274,000	$168	54
7043 Brazil Cir	0.69mi	3/2.0 (-1)	1,555 (+5%)	2mo	$267,000	$172	54
9049 Lamkin Cir	0.53mi	3/2.0 (-1)	1,292 (-13%)	4mo	$284,900	$221	45
5012 Myrtlewood Rd	0.70mi	4/2.0	1,666 (+12%)	7mo	$269,000	$161	41
5023 N Dogwood Cir	0.67mi	3/2.0 (-1)	1,292 (-13%)	9mo	$278,250	$215	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.5%
• Equity multiple: 2.67×
• Total profit: $139,814
• Equity at exit: $270,174

10-year hold

• IRR: 18.7%
• Equity multiple: 6.13×
• Total profit: $430,478
• Equity at exit: $582,640

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33935

• Home prices YoY: 16.3%
• Active inventory: 950
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,272 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$468 /mo · $5,614/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$477
• Net cashflow: $-371

Break-even live

Break-even rent $2,741

Max offer price $234,411

Occupancy floor —

Sensitivity live

Price	-10% $-201	-5% $-286	+0% $-371	+5% $-456	+10% $-540
Rent	-10% $-550	-5% $-460	+0% $-371	+5% $-281	+10% $-191
Rate	-1.0pp $-220	-0.5pp $-294	base $-371	+0.5pp $-448	+1.0pp $-527

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7016 Palpano Cir Labelle, FL	3.0	2.5	1507	$2,100	$1.39	18d	1	0.25mi
801 SW Raintree Blvd Labelle, FL	3.0	2.0	1285	$1,700	$1.32	25d	1	0.29mi
7038 Lotus Cir Labelle, FL	4.0	3.0	1680	$2,200	$1.31	18d	1	0.32mi
7061 Tide Cir Labelle, FL	4.0	2.0	1500	$1,695	$1.13	25d	1	0.39mi
9011 Penny Cir Labelle, FL	3.0	2.0	1731	$2,400	$1.39	25d	1	0.51mi
9001 Penny Cir Labelle, FL	3.0	2.0	1472	$2,300	$1.56	18d	1	0.51mi
9001 Penny Cir Labelle, FL	3.0	2.0	1472	$2,300	$1.56	25d	1	0.51mi
9013 Ike Ct Labelle, FL	3.0	2.0	1367	$2,100	$1.54	4d	1	0.58mi
6210 Forest Ct Labelle, FL	3.0	2.5	1503	$2,200	$1.46	25d	1	0.70mi
9012 S Indio Ct Labelle, FL	3.0	2.0	1400	$2,100	$1.50	21d	1	0.79mi
9035 W Crow Cir Labelle, FL	4.0	2.0	1530	$1,950	$1.27	5d	1	0.96mi
9018 W Justice Cir Labelle, FL	4.0	2.0	1499	$1,950	$1.30	13d	1	1.00mi
8030 Olive Cir Labelle, FL	4.0	2.0	1499	$2,300	$1.53	5d	1	1.02mi
5029 S Rosebud Cir Labelle, FL	3.0	2.0	1389	$1,780	$1.28	25d	1	1.10mi
9007 Meadow Cir Labelle, FL	4.0	2.0	1500	$1,695	$1.13	5d	1	1.15mi
8049 Memory Cir Labelle, FL	4.0	2.0	1686	$2,000	$1.19	5d	1	1.22mi
8033 Melody Cir Labelle, FL	3.0	2.0	1215	$1,999	$1.65	18d	1	1.32mi
8004 Spice Ct Labelle, FL	3.0	2.0	1292	$2,000	$1.55	21d	1	1.37mi
5029 W Hummingbird Dr Labelle, FL	3.0	2.0	1212	$2,450	$2.02	5d	1	1.42mi
6018 Acorn Cir Labelle, FL	3.0	2.0	1408	$2,200	$1.56	18d	1	1.48mi

Listing history 45 events

1. 2026-06-22
   days on market $299,900 Active 6 DOM
2. 2026-06-18
   days on market $299,900 Active 3 DOM
3. 2026-06-17
   days on market $299,900 Active 2 DOM
4. 2026-06-15
   days on marketlisting id $299,900 Active 1 DOM
5. 2026-06-15
   days on market $299,900 Active 196 DOM
6. 2026-06-13
   days on market $299,900 Active 194 DOM
7. 2026-06-13
   days on market $299,900 Active 193 DOM
8. 2026-06-10
   days on market $299,900 Active 191 DOM
9. 2026-06-09
   days on market $299,900 Active 190 DOM
10. 2026-06-08
    days on market $299,900 Active 189 DOM
11. 2026-06-07
    days on market $299,900 Active 188 DOM
12. 2026-06-03
    days on market $299,900 Active 184 DOM
13. 2026-06-02
    days on market $299,900 Active 183 DOM
14. 2026-06-02
    days on marketlisting id $299,900 Active 182 DOM
15. 2026-06-01
    days on market $299,900 Active 179 DOM
16. 2026-05-31
    days on market $299,900 Active 178 DOM
17. 2026-05-09
    listed $2,000
18. 2026-04-11
    historical $2,000
19. 2026-03-13
    listed $2,000
20. 2026-03-13
    historical $2,000
21. 2026-03-06
    price $299,900

    Show marketing remark (1069 chars)

    Step into modern comfort with this beautifully designed 4-bedroom, 2-bathroom home featuring 1,485 sq. ft. of living space and a spacious 2-car garage. Constructed in 2023, this nearly-new home offers a smart, open layout ideal for both daily living and entertaining. The interior showcases durable tile flooring in the main living areas and plush carpeting in the bedrooms for added warmth and comfort. Enjoy the convenience of city water paired with a private septic system, offering the perfect blend of suburban comfort and self-sufficiency. Whether you're searching for a move-in ready primary residence or a high-potential investment property, this home is a fantastic option. Located in a peaceful, fast-growing neighborhood of LaBelle, you’re just a short drive from local parks, shopping, restaurants, schools, and boating opportunities on the Caloosahatchee River. With modern finishes, quality construction, and a desirable floor plan, this home is ready for its new owners to move right in and start enjoying everything Southwest Florida has to offer.

22. 2026-03-06
    price $299,900 1069-char remark

    Show marketing remark (1069 chars)

    Step into modern comfort with this beautifully designed 4-bedroom, 2-bathroom home featuring 1,485 sq. ft. of living space and a spacious 2-car garage. Constructed in 2023, this nearly-new home offers a smart, open layout ideal for both daily living and entertaining. The interior showcases durable tile flooring in the main living areas and plush carpeting in the bedrooms for added warmth and comfort. Enjoy the convenience of city water paired with a private septic system, offering the perfect blend of suburban comfort and self-sufficiency. Whether you're searching for a move-in ready primary residence or a high-potential investment property, this home is a fantastic option. Located in a peaceful, fast-growing neighborhood of LaBelle, you’re just a short drive from local parks, shopping, restaurants, schools, and boating opportunities on the Caloosahatchee River. With modern finishes, quality construction, and a desirable floor plan, this home is ready for its new owners to move right in and start enjoying everything Southwest Florida has to offer.

23. 2026-01-01
    listed $2,000
24. 2025-12-21
    historical $2,000
25. 2025-12-18
    listed $2,000
26. 2025-12-08
    historical $2,000
27. 2025-12-06
    listed $2,000
28. 2025-12-04
    listed $309,000 Active
29. 2025-12-04
    historical
30. 2025-12-04
    historical
31. 2025-12-03
    listed $309,000 Active
32. 2025-12-03
    listed $309,000 Active
33. 2025-12-01
    listed $309,000 Active 1069-char remark

    Show marketing remark (1069 chars)

    Step into modern comfort with this beautifully designed 4-bedroom, 2-bathroom home featuring 1,485 sq. ft. of living space and a spacious 2-car garage. Constructed in 2023, this nearly-new home offers a smart, open layout ideal for both daily living and entertaining. The interior showcases durable tile flooring in the main living areas and plush carpeting in the bedrooms for added warmth and comfort. Enjoy the convenience of city water paired with a private septic system, offering the perfect blend of suburban comfort and self-sufficiency. Whether you're searching for a move-in ready primary residence or a high-potential investment property, this home is a fantastic option. Located in a peaceful, fast-growing neighborhood of LaBelle, you’re just a short drive from local parks, shopping, restaurants, schools, and boating opportunities on the Caloosahatchee River. With modern finishes, quality construction, and a desirable floor plan, this home is ready for its new owners to move right in and start enjoying everything Southwest Florida has to offer.

34. 2024-06-26
    historical $2,350
35. 2024-06-03
    listed $2,350
36. 2024-05-10
    historical $2,400
37. 2024-04-23
    listed $2,400
38. 2023-09-29
    soldstatus $283,999 Sold
39. 2023-06-13
    status Pending
40. 2023-06-12
    price $283,999
41. 2023-06-12
    status Active
42. 2023-05-05
    status Pending
43. 2023-04-13
    listed $293,695 Active
44. 2023-02-24
    soldstatus $105,000
45. 2022-06-29
    soldstatus $19,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $5,614 · $468/mo
• Projected year-2 tax: $5,614 · $468/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,263
• − Mortgage interest: −$16,799
• − Property taxes: −$5,614
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,181
• − Management: −$2,181
• − Depreciation: −$8,724
• Taxable loss: −$9,736
• Est. tax savings @ 24.0%: +$2,337
• After-tax cash flow: $-2,112/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hendry
• NCES district ID: 1200780
• Math proficiency: 35% ▼ -11.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $37,043
• Composite: 31.16/100
• National rank: #6054
• State rank: #65 of 73 in FL

Livability — Port LaBelle

• Score: 62/100
• State rank: #750
• US rank: #16264

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment F Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port LaBelle, FL
• County: Hendry County · 23,186 people
• Metro: Clewiston, FL
• Population (ZIP): 23,186
• Household income: $57,009
• Rent vs Own: 22.0% rent · 78.0% own
• Severe rent burden: 498.0

Population outlook (Hendry County) Hauer SSP2

• Today (2025): 38,866 people
• By 2030: 38,558 · -0.8%
• By 2040: 37,743 · -2.9%
• By 2050: 36,117 · -7.1%
• By 2075: 30,070 · -22.6%
• By 2100: 21,966 · -43.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (56%)
• Race & ethnicity: Hispanic / Latino 56% White 39% Two or more races 21% Black 2% Native American 2%
• Hispanic origin (detail): Mexican 40% Puerto Rican 3% Cuban 5%
• Common ancestry: Lithuanian 2% Serbian 2% Slovak 1%
• Foreign-born: 27% · Canada, Jamaica
• Languages at home: 50% English-only · Spanish 50%

Political lean MEDSL · Hendry

• 2024 margin: Solid R (+38.3) · D 30.4% · R 68.7%
• 2008→2024 swing: -31.1pp toward R · 2008: -7.2pp · 2024: -38.3pp
• All cycles: 2024: R+38.3 2020: R+23.0 2016: R+14.2 2012: R+5.9 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 75.20%
• Current HPI: 537.4928
• Rent YoY: —
• Metro: Clewiston, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-89.7% since first listed

29 events — show timeline

• 2026-05-09 Listed for Rent $2,000 NAPLESMLS
• 2026-04-11 Rental Removed $2,000 FGCMLS
• 2026-03-13 Listed for Rent $2,000 FGCMLS
• 2026-03-13 Rental Removed $2,000 NAPLESMLS
• 2026-03-06 Price Changed $299,900 MARMLS
• 2026-03-06 Price Changed $299,900 FORTMLS
• 2026-01-01 Listed for Rent $2,000 NAPLESMLS
• 2025-12-21 Rental Removed $2,000 NAPLESMLS
• 2025-12-18 Listed for Rent $2,000 NAPLESMLS
• 2025-12-08 Rental Removed $2,000 NAPLESMLS
• 2025-12-06 Listed for Rent $2,000 NAPLESMLS
• 2025-12-04 Listing Removed — MARMLS
• 2025-12-04 Listing Removed — MARMLS
• 2025-12-04 Listed $309,000 MARMLS
• 2025-12-03 Listed $309,000 MARMLS
• 2025-12-03 Listed $309,000 MARMLS
• 2025-12-01 Listed $309,000 FORTMLS
• 2024-06-26 Rental Removed $2,350 Avail
• 2024-06-03 Listed for Rent $2,350 Avail
• 2024-05-10 Rental Removed $2,400 Avail
• 2024-04-23 Listed for Rent $2,400 Avail
• 2023-09-29 Sold (MLS) $283,999 NAPLESMLS
• 2023-06-13 Pending — NAPLESMLS
• 2023-06-12 Price Changed $283,999 NAPLESMLS
• 2023-06-12 Relisted — NAPLESMLS
• 2023-05-05 Pending — NAPLESMLS
• 2023-04-13 Listed $293,695 NAPLESMLS
• 2023-02-24 Sold (Public Records) $105,000 Public Records
• 2022-06-29 Sold (Public Records) $19,500 Public Records

Property tax history

+39.8%/yr

Latest (2025): $5,614 · +3.1% YoY. Source: county tax records.