1116/1118 Ichabod AVE, Lehigh Acres, FL, 33973 | 6.51% Rental Yield

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,978/mo, and a $1,784/mo payment. Purchase price stands at $364,500, and rental yield measures 6.51% with $1,978/mo rent. Return on cash invested shows 15.53% in year one, and 5% annual appreciation builds toward $100,705 over five years. Five-year ROI reaches 79.98% and total cumulative return in cash records $96,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,978/mo property income covering a $1,784/mo payment rather than investor’s personal income.

Multi Family

Built in 2006

0.28 Acres lot

$N/A/sqft

No HOA