338 NE Kel LnLeeFL32059
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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 Lee at 338 NE Kel Ln, Lee, FL, 32059 earns $633/mo cash flow from $2,059/mo rent with a $1,052/mo payment. Total monthly income totals $2,059/mo, and annual cash flow totals $7,590/yr on $71,273 capital. ROI tracks 30.56% on current figures, and rental yield reads 11.49% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 160.57% and total cumulative return in cash sums $114,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,059/mo property income instead of your personal income.
Manufactured
Built in 2005
0.52 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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