618 Monroe AveLehigh AcresFL33972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 618 Monroe Ave, Lehigh Acres, FL, 33972 at $350,990 posts ROI 20.71% with $78/mo cash flow from $2,407/mo rent. Total monthly income equals $2,407/mo, and annual cash flow records $932/yr on $116,353 to close. Return on cash invested measures 20.71% and rental yield reads 8.23% at the current $350,990. Equity gained on principal adds $2,265/yr, and 5% annual appreciation supports $96,972 by year five. Five-year ROI prints 107.72% and total cumulative return in cash totals $125,341.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
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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Nearby investment properties with comparable prices
Listed by: Alexander Corbitt • RICHARD PETERS REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8463073