804 State AveLehigh AcresFL33972
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 804 State Ave, Lehigh Acres, FL, 33972 in Lehigh Acres. At $395,000 it earns $2,905/mo in rent and distributes $284/mo to the owner after the $1,776/mo payment, a consistent 8.83% yield. DSCR 1.64 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $109,131 in value; $3,638/yr in principal paydown compounds ownership stake. Total projected return: $168,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $284 | $285 |
City averages based on Lehigh Acres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,905 |
| Total Monthly Debt Service | $2,464 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A 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
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
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jadhinson Ortega Escobar • Realty One Group Evolution
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11753130
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.