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3015 6th St W
C Composite 59.91
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.1/10.0
  • 1% rule +4.8/10.0
  • Schools +4.1/10.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.3/5.0
  • Appreciation +0.0/10.0

$204,900

3015 6th St W · Lehigh Acres, FL 33971
2 bd · 2.0 ba · 1,562 sqft · SingleFamily public records · 132 Days on market
Built 1987 0.25 ac lot Est $309k · 34% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Outstanding Value! Large home located on dead end street. Tile throughout. Has additional rooms that can be used as a 3rd bedroom. Large family room and kitchen. Big backyard with covered tile patio. Close to major roads and shopping.

Key facts

  • 2023 water heater
  • 2017 roof
  • 2017 hvac system

Tags

2017 ROOF2017 HVAC SYSTEM2023 WATER HEATER

Property features AI

Finance

  • Other: Lot is approximately 0.25 acres with regular, rectangular dimensions; City view; County maintained, paved road access; Zoning: RS-1
  • HOA & community: Non-gated community; HOA provides street lights and trash removal; No community amenities listed (see remarks)

Exterior

  • Parking: Paved driveway
  • Utilities: Central water; Septic sewer; Cable available
  • Home design: Single-family, 1 story (ranch); Residential property; Rear exposure facing south; Development: Lehigh Acres
  • Construction: Built in 1987; Concrete block construction; Stucco exterior; Shingle roof; Single-hung windows
  • Exterior features: Patio

Interior

  • Kitchen: Electric cooktop; Range; Microwave; Refrigerator/Freezer
  • Bedrooms: 2 bedrooms plus den
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms; Master bath with combo tub and shower
  • Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans
  • Interior features: Vaulted ceiling; Screened lanai/porch; See remarks
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $205k.

Deal economics

  • At list price, monthly cash flow is $330 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (1.8% below list).
  • Recommended offer: $180k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.2% vs local median 4.7% in Lehigh Acres — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 59/100 on livability (#826 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, schools D-.
  • Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents falling (-4.7%/yr); 1335 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 132 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 26y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $36k; list at $205k implies a 471% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $180,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.98%
Cap rate
8.22%
Cash-on-cash
6.90%
DSCR
1.31
GRM
8.5

CMA / ARV

ARV (on-the-fly)
$309,276
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3015 2nd St W 0.31mi 3/2.0 (+1) 1,528 (-2%) 8mo $272,000 $178 70
2909 6th St W 0.21mi 3/2.0 (+1) 1,630 (+4%) 12mo $335,000 $206 68
3314 10th St W 0.48mi 3/2.0 (+1) 1,599 (+2%) 2mo $363,000 $227 67
3318 9th St W 0.48mi 3/2.0 (+1) 1,630 (+4%) 4mo $315,000 $193 62
2804 1st St W 0.54mi 3/2.0 (+1) 1,487 (-5%) 0mo $264,097 $178 62
3000 3rd St SW 0.57mi 3/2.0 (+1) 1,630 (+4%) 1mo $309,998 $190 60
2918 15th St W 0.60mi 3/2.0 (+1) 1,630 (+4%) 2mo $320,000 $196 58
2721 1st St W 0.57mi 3/2.0 (+1) 1,630 (+4%) 8mo $322,998 $198 54
2817 8th St W 0.34mi 3/2.5 (+1) 1,345 (-14%) 2mo $280,000 $208 52
3111 11th St W 0.33mi 3/2.5 (+1) 1,345 (-14%) 10mo $305,000 $227 46
1200 Rita 0.69mi 3/2.0 (+1) 1,630 (+4%) 12mo $360,000 $221 45
3001 2nd St SW 0.54mi 3/2.0 (+1) 1,789 (+14%) 17mo $320,000 $179 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-8.9%
Equity multiple
0.68×
Total profit
$-18,158
Equity at exit
$30,551
10-year hold
IRR
-3.5%
Equity multiple
0.79×
Total profit
$-11,818
Equity at exit
$17,716

Cash invested: $57,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33971

Home prices YoY
-8.0%
Rents YoY
-4.7%
Active inventory
1335
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$2,012 high interval (Pro) →
Mortgage (P&I)
$1,075
Tax from tax record
$100 /mo · $1,198/yr
Insurance
$85
HOA
$0
Vacancy / Maint / Mgmt
$423
Net cashflow
$330

Break-even live

Break-even rent $1,595
Max offer price $204,900
Occupancy floor 79%

Sensitivity live

Price -10% $446 -5% $388 +0% $330 +5% $272 +10% $214
Rent -10% $171 -5% $250 +0% $330 +5% $409 +10% $489
Rate -1.0pp $433 -0.5pp $382 base $330 +0.5pp $277 +1.0pp $223

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$51,225
Closing costs
$6,147
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3109 8th St SW Lehigh Acres, FL 3.0 2.0 1324 $1,845 $1.39 22d 1 0.14mi
3109 10th St W Lehigh Acres, FL 3.0 2.0 1472 $1,950 $1.32 24d 1 0.25mi
2916 9th St W Lehigh Acres, FL 3.0 2.0 1053 $1,750 $1.66 24d 1 0.26mi
2902 7th St W Lehigh Acres, FL 3.0 2.0 1841 $2,085 $1.13 2d 1 0.28mi
2902 7th St W Lehigh Acres, FL 3.0 2.0 1841 $2,215 $1.20 15d 1 0.28mi
3208 9th St W Lehigh Acres, FL 3.0 2.0 1423 $1,916 $1.35 4d 1 0.29mi
3310 9th St W Lehigh Acres, FL 3.0 2.0 1488 $2,300 $1.55 16d 1 0.39mi
3310 11th St W Lehigh Acres, FL 3.0 2.5 1354 $2,000 $1.48 4d 1 0.47mi
3312 11th St W Lehigh Acres, FL 3.0 2.5 1354 $2,000 $1.48 4d 1 0.48mi
2913 14th St W Lehigh Acres, FL 3.0 2.0 1629 $2,400 $1.47 2d 1 0.51mi
2820 14th St W Lehigh Acres, FL 3.0 2.0 2007 $2,791 $1.39 4d 1 0.59mi
3405 4th St W Lehigh Acres, FL 3.0 2.0 1184 $1,715 $1.45 14d 1 0.62mi
2918 16th St Lehigh Acres, FL 3.0 2.0 1324 $1,845 $1.39 22d 1 0.65mi
2614 7th St W Lehigh Acres, FL 3.0 2.0 1912 $2,500 $1.31 24d 1 0.69mi
2612 7th St W Lehigh Acres, FL 3.0 2.0 1492 $2,295 $1.54 24d 1 0.71mi
911 Sally Ave N Lehigh Acres, FL 3.0 2.0 1144 $1,521 $1.33 4d 1 0.75mi
2812 4th St SW Lehigh Acres, FL 3.0 2.0 1751 $1,856 $1.06 24d 1 0.75mi
3203 18th St W Lehigh Acres, FL 3.0 2.5 1710 $2,250 $1.32 24d 1 0.75mi
2916 7th St SW Lehigh Acres, FL 3.0 2.0 1357 $1,900 $1.40 24d 1 0.85mi
3508 3rd St SW Lehigh Acres, FL 3.0 2.0 1147 $1,699 $1.48 3d 1 0.95mi
3315 7th St SW Lehigh Acres, FL 3.0 2.0 1212 $1,950 $1.61 24d 1 0.99mi
2615 19th St W Lehigh Acres, FL 3.0 2.0 1698 $2,000 $1.18 24d 1 1.03mi
3700 9th St W Lehigh Acres, FL 3.0 2.0 1600 $1,875 $1.17 3d 1 1.09mi
2611 20th St W Lehigh Acres, FL 3.0 2.0 2126 $2,556 $1.20 11d 1 1.10mi
3103 11th St SW Lehigh Acres, FL 3.0 2.0 1212 $1,800 $1.49 24d 1 1.11mi
2805 24th St W Lehigh Acres, FL 3.0 3.0 1980 $2,200 $1.11 24d 1 1.20mi
3016 25th St W Lehigh Acres, FL 3.0 2.0 1100 $1,555 $1.41 24d 1 1.22mi
3303 8th St SW Lehigh Acres, FL 3.0 2.0 1400 $2,250 $1.61 4d 1 1.22mi
8350 Tortoise Isle Ct Lehigh Acres, FL 3.0 2.0 1478 $1,595 $1.08 4d 1 1.23mi
57 Xelda Ave S Lehigh Acres, FL 3.0 3.0 1057 $2,200 $2.08 24d 1 1.24mi
3615 6th St SW Lehigh Acres, FL 3.0 2.0 1378 $1,825 $1.32 24d 1 1.26mi
2906 14th St SW Lehigh Acres, FL 3.0 2.0 1563 $2,450 $1.57 24d 1 1.27mi
8187 Gopher Tortoise Trl Lehigh Acres, FL 3.0 2.0 1555 $2,000 $1.29 24d 1 1.29mi
3704 6th St SW Lehigh Acres, FL 3.0 2.0 1100 $1,575 $1.43 20d 1 1.34mi
3402 13th St SW Lehigh Acres, FL 3.0 2.0 1117 $1,940 $1.74 4d 1 1.36mi
312 Grovewood Ave S Lehigh Acres, FL 2.0 2.0 1325 $1,800 $1.36 24d 1 1.36mi
2909 15th St SW Lehigh Acres, FL 3.0 2.0 1291 $1,800 $1.39 22d 1 1.36mi
3731 15th St W Lehigh Acres, FL 3.0 2.0 1406 $1,670 $1.19 4d 1 1.40mi
2608 25th St W Lehigh Acres, FL 3.0 2.0 1633 $2,300 $1.41 24d 1 1.40mi
1923 Sunniland Blvd Lehigh Acres, FL 3.0 2.5 1638 $2,200 $1.34 24d 1 1.41mi

Listing history 21 events

  1. 2026-06-17
    days on market $204,900 Active 132 DOM
  2. 2026-06-16
    days on market $204,900 Active 131 DOM
  3. 2026-06-15
    days on market $204,900 Active 130 DOM
  4. 2026-06-13
    days on market $204,900 Active 128 DOM
  5. 2026-06-10
    days on market $204,900 Active 125 DOM
  6. 2026-06-09
    days on market $204,900 Active 124 DOM
  7. 2026-06-07
    days on market $204,900 Active 122 DOM
  8. 2026-06-02
    days on market $204,900 Active 117 DOM
  9. 2026-06-01
    days on market $204,900 Active 116 DOM
  10. 2026-06-01
    days on market $204,900 Active 115 DOM
  11. 2026-05-11
    status Active
  12. 2026-05-04
    status Pending With Contingencies
  13. 2026-04-09
    price $214,900
  14. 2026-02-23
    price $224,900
  15. 2026-02-11
    price $234,900
  16. 2026-01-29
    listed $239,900 Active
  17. 2012-02-09
    soldstatus $35,900 235-char remark
    Show marketing remark (235 chars)

    Outstanding Value! Large home located on dead end street. Tile throughout. Has additional rooms that can be used as a 3rd bedroom. Large family room and kitchen. Big backyard with covered tile patio. Close to major roads and shopping.

  18. 2005-05-18
    soldstatus $175,000
  19. 2005-02-16
    listed $40,000
  20. 2000-10-19
    soldstatus $69,300
  21. 2000-07-18
    listed $69,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,198 · $100/mo
Projected year-2 tax
$1,701 · $142/mo
Expected delta
+$502/yr (+$42/mo · 41.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,146
− Mortgage interest
−$11,478
− Property taxes
−$1,198
− Insurance
−$1,024
− Repairs & maintenance
−$1,932
− Management
−$1,932
− Depreciation
−$5,961
Taxable income
$621
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$149
After-tax cash flow
$3,809/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Lee
NCES district ID
1201080
Math proficiency
47% ▼ -11.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$49,518
Composite
41.49/100
National rank
#3458
State rank
#42 of 73 in FL

Livability — Lehigh Acres

Score
59/100
State rank
#826
US rank
#20055

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment D+ Housing A+ Health & safety D- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lehigh Acres, FL
County
Lee County · 788,662 people
City population
130,638
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
30,790
Household income
$77,723
Rent vs Own
21.6% rent · 78.4% own
Severe rent burden
587.0

Population outlook (Lee County) Hauer SSP2

Today (2025)
871,946 people
By 2030
955,468 · +9.6%
By 2040
1,113,587 · +27.7%
By 2050
1,256,891 · +44.1%
By 2075
1,560,270 · +78.9%
By 2100
1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
Hispanic / Latino 49% Two or more races 32% White 26% Black 19% Asian 2%
Hispanic origin (detail)
Mexican 9% Puerto Rican 13% Cuban 14% Dominican 2%
Common ancestry
Hispanic 7% Estonian 1% Romanian 1%
Foreign-born
31% · Canada, Vietnam, Guatemala
Languages at home
46% English-only · Spanish 41% French/Haitian/Cajun 9% Other Indo-European 2%

Political lean MEDSL · Lee

2024 margin
Strong R (+28.4) · D 35.5% · R 63.9%
2008→2024 swing
-18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
All cycles
2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -27.68%
Current HPI
317.7147
Rent YoY
▼ -4.69%
Metro
Cape Coral-Fort Myers, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+207.4% since first listed
11 events — show timeline
  • 2026-05-11 Relisted BEARMLS
  • 2026-05-04 Pending BEARMLS
  • 2026-04-09 Price Changed $214,900 BEARMLS
  • 2026-02-23 Price Changed $224,900 BEARMLS
  • 2026-02-11 Price Changed $234,900 BEARMLS
  • 2026-01-29 Listed $239,900 BEARMLS
  • 2012-02-09 Sold (MLS) $35,900 FORTMLS
  • 2005-05-18 Sold (Public Records) $175,000 Public Records
  • 2005-02-16 Listed $40,000 FORTMLS
  • 2000-10-19 Sold (Public Records) $69,300 Public Records
  • 2000-07-18 Listed $69,900 FORTMLS

Property tax history

+2.8%/yr

Latest (2025): $1,198 · +12.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…