3008 62nd St WLehigh AcresFL33971
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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
Investment property for sale in Lehigh Acres at 3008 62nd St W, Lehigh Acres, FL, 33971 uses $122,622 cash to close to unlock $5,181/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,810/mo payment keeps the spread at $432/mo. Purchase price stands at $369,900, and rental yield measures 9.36% with $2,886/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 126.09% and total cumulative return in cash records $154,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33971, Lehigh Acres, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,129 (100%) |
| Owner Occupied HU | 7,341 (72.5%) |
| Renter Occupied HU | 2,184 (21.6%) |
| Vacant Housing Units | 604 ( 6.0%) |
| Median Home Value | $343,084 |
| Average Home Value | $371,147 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,797
Multi-Family
0
Businesses
468
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Listed by: Alan Carey • EXP Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025002271