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3309 75th St W
F Composite 30.05
Why this score? — see what drove the F 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 +7.6/30.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.2/10.0
  • DSCR +1.7/10.0
  • Rent growth +1.3/5.0
  • Appreciation +0.0/10.0

$278,990

3309 75th St W · Lehigh Acres, FL 33971
3 bd · 2.0 ba · 1,285 sqft · Land · 36 Days on market
Built 2026 0.25 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Single Family Vacant lot NOT IN A FLOOD ZONE, NO HOA FEES -- in a rapidly appreciating area of Lehigh Acres. New homes in the high $200's are being built daily. .. A nice location close to RT80 and I75 -- HALF ACRE LOTS ARE HARD TO FIND * * Adjacent 1/4 ACRE LOT CAN BE PURCHASED WITH lot. 3311 75TH ST W . GET IN ON THE GROUND FLOOR as prices keep increasing in this area ---

Key facts

  • Vaulted ceiling
  • Sliding glass doors
  • Breezy lanai

Tags

OPEN-CONCEPT FLOORPLANUPGRADED PLANK TILE FLOORSVAULTED CEILINGSLIDING GLASS DOORSBREEZY LANAIISLAND-STYLE LAYOUT

Property features AI

Finance

  • Financial info: Pets allowed
  • HOA & community: No association fee

Exterior

  • Parking: Attached 2-car garage; Driveway; Paved parking; Garage door opener
  • Security: Smoke detectors
  • Utilities: Cable available; Septic tank; Well water
  • Home design: Single-story home; Entry at level 1; Facing north; Currently under construction
  • Construction: Built with block, concrete and stucco; Shingle roof; Well (irrigation) as water source
  • Exterior features: Security/high impact doors; Automatic sprinkler/irrigation system; Patio; Open patio/porch; Room for a pool; Oversized lot; Paved road access; South-facing exposure

Interior

  • Kitchen: Dishwasher; Icemaker; Microwave; Range; Refrigerator with ice maker
  • Bedrooms: Primary bedroom on main level
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: Impact glass windows; Breakfast bar; Dual sinks in bathroom; Eat-in kitchen; Pantry; Shower-only bathroom with separate shower; Cable TV wiring; Vaulted ceilings; Walk-in closets; Split bedroom floorplan; Main level primary bedroom
  • Laundry & utility: Washer hookup inside; Dryer hookup inside

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 3-bed/2.0-bath land listed at $279k.

Deal economics

  • At list price, monthly cash flow is $-330 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $231k (17.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (27.5% below list).
  • Recommended offer: $202k (27.5% below list) — sets the bar for 1% rule.

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 16d 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 $2k of loan paydown is wiped out by about $8k 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 36 days — a 3% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $37k; list at $279k implies a 662% 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; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $202,222 (27.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
  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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. 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.
  7. 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.
  8. 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
0.72%
Cap rate
4.87%
Cash-on-cash
-5.08%
DSCR
0.77
GRM
11.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-28.3%
Equity multiple
0.08×
Total profit
$-72,153
Equity at exit
$41,598
10-year hold
IRR
-44.4%
Equity multiple
-0.44×
Total profit
$-112,712
Equity at exit
$24,122

Cash invested: $78,117 (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
11.5×

Monthly cashflow live

Estimated rent
$2,022 high interval (Pro) →
Mortgage (P&I)
$1,463
Tax est. 1.5%
$349 /mo · $4,185/yr
Insurance
$116
HOA
$0
Vacancy / Maint / Mgmt
$425
Net cashflow
$-330

Break-even live

Break-even rent $2,441
Max offer price $231,169
Occupancy floor

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
$69,748
Closing costs
$8,370
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
3655 Rain Lily Ln Alva, FL 4.0 2.0 1851 $2,250 $1.22 23d 1 0.28mi
3502 72nd St W Lehigh Acres, FL 4.0 2.0 1389 $1,750 $1.26 15d 1 0.29mi
3301 69th St W Lehigh Acres, FL 2.0 2.0 968 $1,350 $1.39 14d 1 0.37mi
3404 68th St W Lehigh Acres, FL 3.0 2.0 1458 $1,855 $1.27 3d 1 0.40mi
3406 68th St W Lehigh Acres, FL 3.0 2.0 1472 $1,875 $1.27 3d 1 0.40mi
3113 71st St W Lehigh Acres, FL 3.0 2.0 1100 $1,760 $1.60 3d 1 0.47mi
3685 E Hampton Cir Alva, FL 3.0 2.0 1675 $2,200 $1.31 11d 1 0.50mi
3505 67th St W Lehigh Acres, FL 4.0 2.0 1389 $1,799 $1.30 15d 1 0.51mi
6136 Hellman Ave Fort Myers, FL 3.0 2.0 1297 $1,876 $1.45 3d 1 0.56mi
3208 66th St W Lehigh Acres, FL 4.0 2.0 1800 $2,100 $1.17 11d 1 0.58mi
6108 Stratton Rd Fort Myers, FL 3.0 2.0 1635 $2,200 $1.35 3d 1 0.59mi
3214 65th St W Lehigh Acres, FL 4.0 2.0 1209 $1,625 $1.34 23d 1 0.61mi
6050 Stratton Rd Fort Myers, FL 3.0 2.0 1635 $2,200 $1.35 3d 1 0.69mi
6048 Stratton Rd Fort Myers, FL 3.0 2.0 1635 $2,200 $1.35 3d 1 0.70mi
3105 66th St W Lehigh Acres, FL 3.0 2.0 1615 $2,000 $1.24 23d 1 0.71mi
2906 68th St W Lehigh Acres, FL 3.0 2.0 1239 $1,875 $1.51 23d 1 0.81mi
3000 66th St W Lehigh Acres, FL 2.0 2.0 1032 $1,775 $1.72 15d 1 0.86mi
3202 61st St W Lehigh Acres, FL 3.0 2.0 1777 $1,800 $1.01 23d 1 0.87mi
2804 72nd St W Lehigh Acres, FL 3.0 2.0 1100 $1,550 $1.41 3d 1 0.89mi
3013 64th St W Lehigh Acres, FL 3.0 2.0 1389 $1,750 $1.26 23d 1 0.91mi
6151 Hershey Ave Fort Myers, FL 3.0 2.0 1616 $2,100 $1.30 23d 1 0.94mi
3016 62nd St W Lehigh Acres, FL 4.0 2.0 1389 $1,750 $1.26 21d 1 0.95mi
6016 Lindbrook Ave Fort Myers, FL 3.0 2.0 1422 $1,800 $1.27 21d 1 0.98mi
2906 65th St W Lehigh Acres, FL 3.0 2.0 1310 $2,175 $1.66 23d 1 0.99mi
14680 Portico Blvd Fort Myers, FL 3.0 3.0 1850 $6,000 $3.24 23d 1 0.99mi
14570 Palamos Cir Fort Myers, FL 3.0 3.0 1852 $2,100 $1.13 14d 1 1.03mi
14570 Palamos Cir Fort Myers, FL 3.0 3.0 1852 $2,100 $1.13 13d 1 1.03mi
5901 Rita Ave N Lehigh Acres, FL 3.0 2.0 1324 $2,000 $1.51 23d 1 1.07mi
2804 67th St Lehigh Acres, FL 3.0 2.0 1055 $1,699 $1.61 2d 1 1.08mi
6064 Laurelwood Dr Fort Myers, FL 3.0 2.0 1200 $1,550 $1.29 1d 1 1.10mi
2910 61st St W Lehigh Acres, FL 4.0 2.0 1810 $1,915 $1.06 1d 1 1.13mi
2910 61st St W Lehigh Acres, FL 4.0 2.0 1810 $2,095 $1.16 21d 1 1.13mi
14638 Cantabria Dr Fort Myers, FL 3.0 3.0 1849 $2,200 $1.19 23d 1 1.18mi
3306 56th St W #1 Lehigh Acres, FL 4.0 2.0 1534 $2,099 $1.37 21d 1 1.25mi
3302 56th St W Lehigh Acres, FL 2.0 2.0 1032 $1,775 $1.72 15d 1 1.25mi
3103 58th St W Lehigh Acres, FL 3.0 2.0 1310 $1,800 $1.37 3d 1 1.26mi
3201 57th St W Lehigh Acres, FL 3.0 2.0 1630 $2,100 $1.29 23d 1 1.28mi
3601 57th St W Lehigh Acres, FL 3.0 2.0 1458 $1,850 $1.27 3d 1 1.28mi
2910 57th St W Lehigh Acres, FL 3.0 2.0 1550 $1,805 $1.16 1d 1 1.37mi
15423 Cemetery Rd Fort Myers, FL 3.0 2.0 1127 $1,495 $1.33 2d 1 1.38mi

Listing history 30 events

  1. 2026-06-17
    days on market $278,990 Active 36 DOM
  2. 2026-06-16
    days on market $278,990 Active 35 DOM
  3. 2026-06-15
    days on market $278,990 Active 34 DOM
  4. 2026-06-13
    days on market $278,990 Active 32 DOM
  5. 2026-06-10
    remarks 685-char remark
  6. 2026-06-10
    days on market $278,990 Active 29 DOM
  7. 2026-06-09
    days on market $278,990 Active 28 DOM
  8. 2026-06-08
    days on market $278,990 Active 27 DOM
  9. 2026-06-07
    days on market $278,990 Active 26 DOM
  10. 2026-06-03
    days on market $278,990 Active 22 DOM
  11. 2026-06-02
    days on market $278,990 Active 21 DOM
  12. 2026-06-01
    days on market $278,990 Active 20 DOM
  13. 2026-05-31
    days on market $278,990 Active 19 DOM
  14. 2026-05-12
    listed $278,990 Active
  15. 2025-09-25
    soldstatus $36,600
  16. 2022-02-09
    soldstatus $11,000 Closed 388-char remark
    Show marketing remark (388 chars)

    Single Family Vacant lot NOT IN A FLOOD ZONE, NO HOA FEES -- in a rapidly appreciating area of Lehigh Acres. New homes in the high $200's are being built daily. .. A nice location close to RT80 and I75 -- HALF ACRE LOTS ARE HARD TO FIND * * Adjacent 1/4 ACRE LOT CAN BE PURCHASED WITH lot. 3311 75TH ST W . GET IN ON THE GROUND FLOOR as prices keep increasing in this area ---

  17. 2022-02-04
    soldstatus $11,000
  18. 2022-01-10
    status Pending 388-char remark
    Show marketing remark (388 chars)

    Single Family Vacant lot NOT IN A FLOOD ZONE, NO HOA FEES -- in a rapidly appreciating area of Lehigh Acres. New homes in the high $200's are being built daily. .. A nice location close to RT80 and I75 -- HALF ACRE LOTS ARE HARD TO FIND * * Adjacent 1/4 ACRE LOT CAN BE PURCHASED WITH lot. 3311 75TH ST W . GET IN ON THE GROUND FLOOR as prices keep increasing in this area ---

  19. 2021-12-16
    listed $12,500 Active 388-char remark
    Show marketing remark (388 chars)

    Single Family Vacant lot NOT IN A FLOOD ZONE, NO HOA FEES -- in a rapidly appreciating area of Lehigh Acres. New homes in the high $200's are being built daily. .. A nice location close to RT80 and I75 -- HALF ACRE LOTS ARE HARD TO FIND * * Adjacent 1/4 ACRE LOT CAN BE PURCHASED WITH lot. 3311 75TH ST W . GET IN ON THE GROUND FLOOR as prices keep increasing in this area ---

  20. 2021-03-31
    soldstatus $13,501
  21. 2021-03-22
    soldstatus $6,750 Closed 247-char remark
    Show marketing remark (247 chars)

    THIS PROPERTY HAS TO BE SOLD WITH THE ADJOINING PROPERTY 3311 75TH ST W IN A PACKAGE PRICE OF $ 13,000.00. THE SELLER HAS SEVERAL LOTS AVAILABLE IN SEVERAL LOCATIONS THROUGHOUT LEHIGH ACRES. LIST AVAILABLE UPON REQUEST. BUYER TO PAY FOR TITLE WORK

  22. 2021-03-02
    status Pending 247-char remark
    Show marketing remark (247 chars)

    THIS PROPERTY HAS TO BE SOLD WITH THE ADJOINING PROPERTY 3311 75TH ST W IN A PACKAGE PRICE OF $ 13,000.00. THE SELLER HAS SEVERAL LOTS AVAILABLE IN SEVERAL LOCATIONS THROUGHOUT LEHIGH ACRES. LIST AVAILABLE UPON REQUEST. BUYER TO PAY FOR TITLE WORK

  23. 2021-01-14
    price $6,500 247-char remark
    Show marketing remark (247 chars)

    THIS PROPERTY HAS TO BE SOLD WITH THE ADJOINING PROPERTY 3311 75TH ST W IN A PACKAGE PRICE OF $ 13,000.00. THE SELLER HAS SEVERAL LOTS AVAILABLE IN SEVERAL LOCATIONS THROUGHOUT LEHIGH ACRES. LIST AVAILABLE UPON REQUEST. BUYER TO PAY FOR TITLE WORK

  24. 2020-09-29
    listed $6,000 Active 247-char remark
    Show marketing remark (247 chars)

    THIS PROPERTY HAS TO BE SOLD WITH THE ADJOINING PROPERTY 3311 75TH ST W IN A PACKAGE PRICE OF $ 13,000.00. THE SELLER HAS SEVERAL LOTS AVAILABLE IN SEVERAL LOCATIONS THROUGHOUT LEHIGH ACRES. LIST AVAILABLE UPON REQUEST. BUYER TO PAY FOR TITLE WORK

  25. 2020-07-26
    historical
  26. 2020-01-27
    listed $6,000 Active
  27. 2012-04-20
    soldstatus $100,800
  28. 2012-03-22
    soldstatus $4,800
  29. 2012-03-21
    soldstatus $1,600
  30. 2012-03-06
    price $2,500

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 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
$24,267
− Mortgage interest
−$15,628
− Property taxes
−$4,185
− Insurance
−$1,395
− Repairs & maintenance
−$1,941
− Management
−$1,941
− Depreciation
−$8,116
Taxable loss
−$8,940
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,146
After-tax cash flow
$-1,820/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

+11059.6% since first listed
17 events — show timeline
  • 2026-05-12 Listed $278,990 FORTMLS
  • 2025-09-25 Sold (Public Records) $36,600 Public Records
  • 2022-02-09 Sold (MLS) $11,000 FORTMLS
  • 2022-02-04 Sold (Public Records) $11,000 Public Records
  • 2022-01-10 Pending FORTMLS
  • 2021-12-16 Listed $12,500 FORTMLS
  • 2021-03-31 Sold (Public Records) $13,501 Public Records
  • 2021-03-22 Sold (MLS) $6,750 FORTMLS
  • 2021-03-02 Pending FORTMLS
  • 2021-01-14 Price Changed $6,500 FORTMLS
  • 2020-09-29 Listed $6,000 FORTMLS
  • 2020-07-26 Listing Removed FORTMLS
  • 2020-01-27 Listed $6,000 FORTMLS
  • 2012-04-20 Sold (Public Records) $100,800 Public Records
  • 2012-03-22 Sold (Public Records) $4,800 Public Records
  • 2012-03-21 Sold (MLS) $1,600 FORTMLS
  • 2012-03-06 Price Changed $2,500 FORTMLS

Property tax history

+19.0%/yr

Latest (2025): $433 · +9.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…