608 Canton AveLehigh AcresFL33972
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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 608 Canton Ave, Lehigh Acres, FL, 33972 generates $3,456/mo in rent and, after a $2,202/mo payment, leaves $470/mo in cash flow. Total monthly income is $3,456/mo, and annual cash flow is $5,645/yr on $149,142 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.22% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 123.74% and total cumulative return in cash sums $184,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,456/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33972, Lehigh Acres, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 4,475 (73.6%) |
| Renter Occupied HU | 1,225 (20.1%) |
| Vacant Housing Units | 384 ( 6.3%) |
| Median Home Value | $361,478 |
| Average Home Value | $387,083 |
Housing Distribution
Address Breakdown
Residential
5,915
Single Family
5,659
Multi-Family
256
Businesses
9
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Listed by: Donna Martin • Always Island Time Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025010696
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.