609 Gerald AveLehigh 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 609 Gerald Ave, Lehigh Acres, FL, 33936 generates $2,713/mo in rent, after a $2,203/mo payment. Total monthly income is $2,713/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 7.23% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 91.64% and total cumulative return in cash sums $136,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,713/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: 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: Leslie Ann Ellis • Highlight Realty Corp
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001141