2429 Millie Ave S,Lehigh Acres,FL,33973

Investment Highlights

Investment property for sale in Lehigh Acres at 2429 Millie Ave S, Lehigh Acres, FL, 33973 offers a 9.9% rental yield on a $239,900 purchase with $1,979/mo rent. Total monthly income registers $1,979/mo, and a $1,174/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,646/yr on $79,527 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 134.8% and total cumulative return in cash at $107,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,979/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.