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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 198 Joel Blvd APT 5, Lehigh Acres, FL, 33936 at $119,000 posts ROI 23.55% with $120/mo cash flow from $909/mo rent. Total monthly income equals $909/mo, and annual cash flow records $1,437/yr on $39,449 to close. Return on cash invested measures 23.55% and rental yield reads 9.17% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 123% and total cumulative return in cash totals $48,521.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $909/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1970
5,863 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jessica Shelton • Florida Resale Properties Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #225048600
