1702 Congress Ave Lehigh Acres, FL 33972
3bd, 2ba | 1,770sqft | Built in 1984
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Initial Investment
$167,374
List Price: $164,900
Purchase Price
$164,900
Down Payment
100%
Rent
$1,300

Market rent may range from $1,235 to $1,365


Total Return
$70,288
Annualized Return
7.9%
Cap Rate
5.0%
Gross Yield
9.5%
Cash Flow
$7,617
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
21,867 
HOA
None
Flood Risk
Not Required
  • Attractive 3 bed/ 2 bath with vaulted ceilings on large half acre lot
  • Recently renovated with new kitchen cabinets, counters, flooring, fans/lights, AC, and electrical wiring
  • Bordering open space
  • 16 miles to Fort Myers, 20 miles to Southwest Florida International Airport

Annual Financial Highlight
Expected Rent
$14,820
Expenses
-$5,203
Property Taxes
-$2,000
Loan Payments
$0

Net Cash Flow
$7,617
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant properties starting 45 days after the home is rent-ready. Plus you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes properties with more than 2 units (duplex, triplex, fourplexes), commercial properties and Roofstock portfolios.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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