20 Palm BlvdLehigh AcresFL33936
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
Investment Highlights
Rental property for sale in Lehigh Acres at 20 Palm Blvd, Lehigh Acres, FL, 33936 priced at $239,890 converts $1,998/mo rent into $406/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,998/mo, and annual cash flow totals $4,874/yr on $79,524 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 9.99% against a $239,890 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,277 by year five. Five-year ROI reaches 136.34% and total cumulative return in cash sums $108,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,998/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Lancrerot • Schooner Bay Realty, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224066792
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.