619 Broadway 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 619 Broadway Ave, Lehigh Acres, FL, 33972 priced at $439,900 converts $2,401/mo rent into after a $2,153/mo obligation. Total monthly income equals $2,401/mo. Return on cash invested prints 15.65% in year one, and rental yield reads 6.55% against a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,536 by year five. Five-year ROI reaches 80.55% and total cumulative return in cash sums $117,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,401/mo property income covering a $2,153/mo payment, not borrower’s personal income.
Single Family
Built in 2002
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: Sonia Rios • Sonia Rios Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021315