2804 24th St SWLehigh AcresFL33976
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2804 24th St SW, Lehigh Acres, FL, 33976 in Lehigh Acres: $2,435/mo in rent, $417/mo in net income, 9.61% gross yield, 1.78 DSCR, all at $303,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $83,987 in appreciation and $2,800/yr in principal paydown projects total cumulative return of $142,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $417 | $285 |
City averages based on Lehigh Acres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,435 |
| Total Monthly Debt Service | $1,896 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
0.25 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2026
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Morimanno • Coaston Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025023570