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2009 Voss Ct
F Composite 29.97
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).

  • ARV discount +7.5/15.0
  • Cash flow +6.6/30.0
  • Schools +4.1/10.0
  • Rent growth +3.8/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.6/10.0
  • DSCR +0.8/10.0
  • Appreciation +0.0/10.0

$287,900

2009 Voss Ct · Lehigh Acres, FL 33972
3 bd · 2.0 ba · 1,258 sqft · Land · 74 Days on market
Built 2026 0.29 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

OVERSIZED LOT WITH SOME OLD GROWTH TREES! BRAND NEW CONSTRUCTION! You Will Be Amazed By The Quality Of This Brand New 3 Bedroom/2 Bathroom Home With Western Exposure For Those Amazing Florida Sunsets All On An Oversized . 29 Acre Lot In The Beautiful Greenbriar Neighborhood Of Lehigh Acres, FL. This Home Has 1258 SF Under Air And It Is COMPLETELY Finished With Its CO Issued! You Can Move Into It Today Or Use It As A Cash Flowing Rental Unit (High Demand). The Gourmet Kitchen Comes With Quartz Countertops, STAINLESS STEEL APPLIANCES, Real Wood Shaker SOFT TOUCH Cabinet Doors & Drawers, Glass Tile Backsplash, Floor To Ceiling Pantry, And A Large Breakfast Bar. Other Upgrades Include; FR

Key facts

  • Quartz countertops
  • Gourmet kitchen
  • Oversized lot

Tags

OVERSIZED LOTGOURMET KITCHENQUARTZ COUNTERTOPSSTAINLESS STEEL APPLIANCESHURRICANE IMPACT WINDOWSLARGE DESIGNER PORCELAIN TILE

Property features AI

Finance

  • Financial info: Pets allowed
  • HOA & community: Non-gated community; Street lights; No association fee

Exterior

  • Parking: Attached garage with garage door opener; Driveway parking; Paved parking
  • Security: Smoke detector(s)
  • Utilities: Well water; Septic tank; Cable available; High-speed internet available
  • Home design: Single-story home; New construction; Entry level: 1; Faces southwest; RS-1 zoning
  • Construction: Block, concrete and stucco construction; Shingle roof; Built new (new construction)
  • Exterior features: Security/high impact doors; Room for pool; Open porch; Lanai (screened porch); Oversized lot; Public maintained paved road; Northeast exposure

Interior

  • Kitchen: Range; Self-cleaning oven; Microwave; Dishwasher; Refrigerator; Icemaker; Water purifier; Pantry; Breakfast bar; Eat-in kitchen
  • Bedrooms: Master bedroom (main level); Two additional bedrooms (main level)
  • Flooring: Tile flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fan(s)
  • Interior features: Impact glass windows; Breakfast bar; Built-in features; Eat-in kitchen; High ceilings; Living/dining room; Custom mirrors; Main level primary bedroom; Pantry; Sitting area in primary; Tub/shower; Vaulted ceilings; Walk-in closet(s); Split bedrooms; Unfurnished
  • Laundry & utility: Washer; Dryer; Inside laundry; Utility room

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 $288k.

Deal economics

  • At list price, monthly cash flow is $-478 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $219k (24.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (33.5% below list).
  • Recommended offer: $191k (33.5% 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 rising fast (+5.3%/yr); 1611 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($74k/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 $9k 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 74 days — a 6% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 8y 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 $150k; list at $288k implies a 92% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $191,322 (33.5% 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 74 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.66%
Cap rate
4.30%
Cash-on-cash
-7.12%
DSCR
0.68
GRM
12.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.33% rent growth · sell at horizon

5-year hold
IRR
-26.1%
Equity multiple
0.10×
Total profit
$-72,489
Equity at exit
$42,927
10-year hold
IRR
-16.8%
Equity multiple
-0.02×
Total profit
$-82,466
Equity at exit
$24,892

Cash invested: $80,612 (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 33972

Home prices YoY
-13.6%
Rents YoY
5.3%
Active inventory
1611
Price-to-rent
12.5×

Monthly cashflow live

Estimated rent
$1,913 high interval (Pro) →
Mortgage (P&I)
$1,510
Tax est. 1.5%
$360 /mo · $4,318/yr
Insurance
$120
HOA
$0
Vacancy / Maint / Mgmt
$402
Net cashflow
$-478

Break-even live

Break-even rent $2,518
Max offer price $218,708
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
$71,975
Closing costs
$8,637
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
152 Ridgemont Dr Lehigh Acres, FL 3.0 2.0 1483 $1,830 $1.23 23d 1 0.03mi
2006 Rosa Ct Lehigh Acres, FL 3.0 2.0 1503 $2,200 $1.46 23d 1 0.06mi
2004 Rosa Ct Unit 2004 Lehigh Acres, FL 3.0 2.0 1304 $1,950 $1.50 23d 1 0.08mi
1924 Marlay Ave Lehigh Acres, FL 3.0 2.0 1310 $1,700 $1.30 23d 1 0.25mi
1917 Lorna Ave Lehigh Acres, FL 2.0 2.0 1042 $1,675 $1.61 23d 1 0.28mi
134 Viewpoint Dr Lehigh Acres, FL 2.0 2.0 1042 $1,650 $1.58 3d 1 0.30mi
2015 Olsen Ln Lehigh Acres, FL 3.0 2.0 1328 $1,750 $1.32 23d 1 0.40mi
2011 Olsen Ln Lehigh Acres, FL 3.0 2.0 1229 $2,400 $1.95 3d 1 0.40mi
2236 Wolverton Ct Alva, FL 2.0 1.0 950 $1,100 $1.16 21d 1 0.42mi
2238 Wolverton Ct Unit 1 Alva, FL 2.0 1.0 950 $1,100 $1.16 1d 1 0.42mi
2238 Wolverton Ct Unit 1 Alva, FL 2.0 1.0 950 $1,100 $1.16 1d 1 0.42mi
225 Rogers St Lehigh Acres, FL 2.0 2.0 1138 $1,400 $1.23 10d 1 0.50mi
1920 Latona St Lehigh Acres, FL 2.0 2.0 1132 $1,325 $1.17 23d 1 0.68mi
317 Urbana St Unit Apartment Lehigh Acres, FL 2.0 1.0 950 $1,350 $1.42 3d 1 0.71mi
359 Greenbriar Blvd Lehigh Acres, FL 2.0 2.0 1132 $1,290 $1.14 15d 1 0.91mi
363 Greenbriar Blvd Lehigh Acres, FL 2.0 2.0 1133 $1,425 $1.26 21d 1 0.93mi
353 Reeves St Lehigh Acres, FL 2.0 2.0 1132 $1,299 $1.15 23d 1 1.03mi
397 Greenbriar Blvd Lehigh Acres, FL 2.0 2.0 1132 $1,295 $1.14 23d 1 1.10mi
2701 E 18th St Lehigh Acres, FL 4.0 2.0 1577 $2,000 $1.27 23d 1 1.20mi
414 Willowbrook Dr Lehigh Acres, FL 4.0 2.0 1750 $2,246 $1.28 3d 1 1.40mi

Listing history 20 events

  1. 2026-06-17
    days on market $287,900 Active 74 DOM
  2. 2026-06-16
    days on market $287,900 Active 73 DOM
  3. 2026-06-15
    days on market $287,900 Active 72 DOM
  4. 2026-06-13
    days on market $287,900 Active 70 DOM
  5. 2026-06-10
    days on market $287,900 Active 67 DOM
  6. 2026-06-09
    days on market $287,900 Active 66 DOM
  7. 2026-06-07
    days on market $287,900 Active 64 DOM
  8. 2026-06-03
    days on market $287,900 Active 60 DOM
  9. 2026-06-02
    days on market $287,900 Active 59 DOM
  10. 2026-06-01
    days on market $287,900 Active 58 DOM
  11. 2026-06-01
    days on market $287,900 Active 57 DOM
  12. 2026-04-04
    listed $287,900 Active
  13. 2022-04-29
    soldstatus $150,000
  14. 2019-05-04
    historical
  15. 2018-07-21
    listed $11,900
  16. 2013-02-12
    soldstatus $475,000
  17. 2008-03-06
    soldstatus $700,000
  18. 2005-10-05
    soldstatus $3,599,500
  19. 2005-02-07
    soldstatus $1,950,000
  20. 1998-08-31
    soldstatus $1,490,800

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 27 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,959
− Mortgage interest
−$16,127
− Property taxes
−$4,318
− Insurance
−$1,440
− Repairs & maintenance
−$1,837
− Management
−$1,837
− Depreciation
−$8,375
Taxable loss
−$10,975
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,634
After-tax cash flow
$-3,104/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)
17,285
Household income
$73,819
Rent vs Own
19.9% rent · 80.1% own
Severe rent burden
190.0

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
White 44% Hispanic / Latino 38% Two or more races 21% Black 13%
Hispanic origin (detail)
Mexican 8% Puerto Rican 7% Cuban 18%
Common ancestry
Hispanic 6% Italian 2% Romanian 2%
Foreign-born
27% · Canada, Guatemala
Languages at home
61% English-only · Spanish 32% French/Haitian/Cajun 4% Other Indo-European 1%

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
▼ -53.97%
Current HPI
343.484
Rent YoY
▲ 5.33%
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

-80.7% since first listed
9 events — show timeline
  • 2026-04-04 Listed $287,900 FORTMLS
  • 2022-04-29 Sold (Public Records) $150,000 Public Records
  • 2019-05-04 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2018-07-21 Listed $11,900 Stellar MLS as Distributed by MLS Grid
  • 2013-02-12 Sold (Public Records) $475,000 Public Records
  • 2008-03-06 Sold (Public Records) $700,000 Public Records
  • 2005-10-05 Sold (Public Records) $3,599,500 Public Records
  • 2005-02-07 Sold (Public Records) $1,950,000 Public Records
  • 1998-08-31 Sold (Public Records) $1,490,800 Public Records

Property tax history

+17.2%/yr

Latest (2025): $424 · +8.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…