397 SE Schooner WayLeeFL32059
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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 397 SE Schooner Way, Lee, FL, 32059 earns from $2,400/mo rent with a $3,426/mo payment. Total monthly income totals $2,400/mo. ROI tracks 8.24% on current figures, and rental yield reads 4.11% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 40.87% and total cumulative return in cash sums $94,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Manufactured
Built in 2020
40 Acres lot
$N/A/sqft
$275 annually 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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Listed by: Katy Yanossy • POOLE REALTY INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #120703
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.