Is Lee, FL a good place to invest in rental property?

Lee, FL has a median modeled monthly cash flow of $-764 and a median cap rate of 3.3%, on a median sold price of $97,000. Prices changed -0.3% year over year.

What is the average cap rate in Lee, FL?

The median cap rate across recently sold homes in Lee, FL is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lee, FL?

The median sold price in Lee, FL is $97,000 (about $144 per square foot).

Investing in Lee, FL Real Estate

A data-driven snapshot of the Lee, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$97,000Median sold price

$144Median $/sqft

3.3%Median cap rate

$-764Modeled cash flow / mo

-0.3%Appreciation YoY

5.3Months of supply

29Active listings

66Sold (last 12 mo)

What the Lee numbers say

In Lee, FL, the median home sold for $97,000 (about $144 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-764 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 5.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Lee cash-flowing listings

CashFlowRE ranks every for-sale home in Lee, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lee deals, or browse the national market data.