349 Joel Blvd APT 201Lehigh 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
Rental property for sale in Lehigh Acres at 349 Joel Blvd APT 201, Lehigh Acres, FL, 33936 generates $897/mo in rent and, after a $548/mo payment, leaves $154/mo in cash flow. Total monthly income is $897/mo, and annual cash flow is $1,849/yr on $37,095 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 9.62% on a $111,900 entry. Equity gained on principal adds $722/yr, while 5% annual appreciation builds toward $30,916 over five years. Five-year ROI reaches 130.29% and total cumulative return in cash sums $48,332. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $897/mo property income rather than buyer’s personal income.
Condo
Built in 1970
1,685 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: Sandra Roman • Coldwell Banker Preferred Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025019513