1923 Richmond AVE NLehigh AcresFL33972
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1923 Richmond AVE N, Lehigh Acres, FL, 33972 in Lehigh Acres is a solid income-producing rental, 9.72% gross yield, $2,512/mo rent, $454/mo net cash flow on a $310,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $85,647 and $2,855/yr in principal reduction project a total cumulative return of $147,468.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $454 | $285 |
City averages based on Lehigh Acres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,512 |
| Total Monthly Debt Service | $1,934 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith Gordon • ADDVANTAGE
Mls Name: SWFLMLS
Mls ID: #226008587