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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lehigh Acres at 194 Joel Blvd APT 1, Lehigh Acres, FL, 33936 offers a 9.35% rental yield on a $139,900 purchase with $1,090/mo rent. 85% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 54.76% and total cumulative return in cash at $25,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,090/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
5,505 sqft lot
$N/A/sqft
$6,600 annually HOA
Neighborhood data shown for ZIP Code: 33936, Lehigh Acres, FL area.
| 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 |
Residential
10,770
Single Family
9,997
Multi-Family
773
Businesses
388
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Price change | $139,900 |
| 2025-01-08 | Listed for rent | $1,500 |
| 2024-11-26 | Price change | $144,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $703.12 | 4.33% | $68,873 | -0.27% |
| 2022-02-13 | $673.93 | -24.52% | $69,060 | 33.61% |
| 2021-02-13 | $892.88 | 0.06% | $51,686 | 1.60% |
Listed by: SONIA Mendoza • Rome International Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224076612
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
