1689 Palmetto AveLehigh AcresFL33972
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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 1689 Palmetto Ave, Lehigh Acres, FL, 33972 offers a 8.45% rental yield on a $389,000 purchase with $2,740/mo rent. Total monthly income registers $2,740/mo, and a $1,904/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,902/yr on $128,954 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 111.35% and total cumulative return in cash at $143,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,740/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33972, Lehigh Acres, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 4,475 (73.6%) |
| Renter Occupied HU | 1,225 (20.1%) |
| Vacant Housing Units | 384 ( 6.3%) |
| Median Home Value | $361,478 |
| Average Home Value | $387,083 |
Housing Distribution
Address Breakdown
Residential
5,915
Single Family
5,659
Multi-Family
256
Businesses
9
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Listed by: Maday Owens • Mamba Realty LLC
Mls Name: MIAMI
Mls ID: #A11902509