428 SE Midway Estates StLeeFL32059
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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 428 SE Midway Estates St, Lee, FL, 32059 with 5% annual appreciation on a $350,000 basis while $1,705/mo rent supports operations. 52% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 5.85%. Five-year ROI measures 69.19% and total cumulative return in cash totals $80,282. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,705/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
5.01 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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