243 SE Thomas WayLeeFL32059
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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 Lee at 243 SE Thomas Way, Lee, FL, 32059 generates $1,801/mo in rent and, after a $1,126/mo payment, leaves $274/mo in cash flow. Total monthly income is $1,801/mo, and annual cash flow is $3,293/yr on $76,245 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 9.4% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 126.63% and total cumulative return in cash sums $96,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,801/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
4.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32059, Lee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 898 (68.0%) |
| Renter Occupied HU | 184 (13.9%) |
| Vacant Housing Units | 239 (18.1%) |
| Median Home Value | $133,889 |
| Average Home Value | $215,434 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
62
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