2408 Bay PlzLehigh 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 2408 Bay Plz, Lehigh Acres, FL, 33936 generates $1,680/mo in rent and, after a $1,224/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $247/yr on $82,875 invested. Return on cash invested sits at 20.21% in year one, and rental yield is 8.06% on a $249,999 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash sums $87,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
10,602 sqft 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: Jonathan Manetta • LPT Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025010655