340 Grovewood Ave SLehigh AcresFL33936
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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 340 Grovewood Ave S, Lehigh Acres, FL, 33936 earns $319/mo cash flow from $2,243/mo rent with a $1,419/mo payment. Total monthly income totals $2,243/mo, and annual cash flow totals $3,827/yr on $96,135 capital. ROI tracks 23.89% on current figures, and rental yield reads 9.28% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 124.78% and total cumulative return in cash sums $119,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,243/mo property income instead of your personal income.
Single Family
Built in 1966
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33936, Lehigh Acres, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,571 (100%) |
| Owner Occupied HU | 7,502 (64.8%) |
| Renter Occupied HU | 3,059 (26.4%) |
| Vacant Housing Units | 1,010 ( 8.7%) |
| Median Home Value | $292,585 |
| Average Home Value | $314,926 |
Housing Distribution
Address Breakdown
Residential
10,770
Single Family
9,997
Multi-Family
773
Businesses
388
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Listed by: Gelayne Morales Moragues • Marzucco Real Estate
Mls Name: SWFLMLS
Mls ID: #225058696