732 SE Side Wheel TrlLeeFL32059
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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 Lee at 732 SE Side Wheel Trl, Lee, FL, 32059 generates $2,400/mo in rent, after a $9,304/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 0.42% in year one, and rental yield is 1.52% on a $1,900,900 entry. Equity gained on principal adds $12,266/yr, while 5% annual appreciation builds toward $525,184 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
40.80 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32059, Lee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 898 (68.0%) |
| Renter Occupied HU | 184 (13.9%) |
| Vacant Housing Units | 239 (18.1%) |
| Median Home Value | $133,889 |
| Average Home Value | $215,434 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
62
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Listed by: April Johnson • CENTURY 21 MCBRIDE REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4937489
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511