706 Joel BlvdLehigh 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 706 Joel Blvd, Lehigh Acres, FL, 33936 priced at $149,900 pairs $1,138/mo rent with $143/mo cash flow after a $734/mo payment. Total monthly income equals $1,138/mo, and annual cash flow comes to $1,715/yr on $49,692 invested. Return on cash invested is 23.36% in year one, and rental yield stands at 9.11% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 121.95% and total cumulative return in cash reaches $60,599. For financing, Ziffy Mortgage’s DSCR program evaluates $1,138/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1971
4,342 sqft 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: Yailin Machado • Cabalo's Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025018500