1116 Broad St NLehigh AcresFL33936
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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
Investment Highlights
Investment property for sale in Lehigh Acres at 1116 Broad St N, Lehigh Acres, FL, 33936 uses $49,725 cash to close to unlock $2,361/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,192/mo, and a $734/mo payment keeps the spread at $197/mo. Purchase price stands at $150,000, and rental yield measures 9.54% with $1,192/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash records $64,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1968
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33936, Lehigh Acres, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,571 (100%) |
| Owner Occupied HU | 7,502 (64.8%) |
| Renter Occupied HU | 3,059 (26.4%) |
| Vacant Housing Units | 1,010 ( 8.7%) |
| Median Home Value | $292,585 |
| Average Home Value | $314,926 |
Housing Distribution
Address Breakdown
Residential
10,770
Single Family
9,997
Multi-Family
773
Businesses
388
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Listed by: Nitza Morales Mendez • Realty World-C Bagans 1st
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025006904
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.