402 E Cleveland LnLehigh 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 402 E Cleveland Ln, Lehigh Acres, FL, 33936 with 5% annual appreciation on a $295,000 basis while $2,371/mo rent supports operations. Total monthly income totals $2,371/mo and a $1,444/mo payment preserves $413/mo for cash returns. Annual cash flow comes to $4,959/yr on $97,793 deployed, and return on cash invested reaches 24.98% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 9.64%. Five-year ROI measures 130.66% and total cumulative return in cash totals $127,778.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,371/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.35 Acres 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: Josephine Vieira • Sonia Rios Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025006349