CashFlowRE
Sign in Sign up
1144 Ecstasy St E
D- Composite 35.13
Why this score? — see what drove the D- 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).

  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Cash flow +5.6/30.0
  • Schools +4.1/10.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.3/5.0
  • 1% rule +1.1/10.0
  • DSCR +0.0/10.0

$334,900

1144 Ecstasy St E · Lehigh Acres, FL 33974
3 bd · 2.0 ba · 1,536 sqft · Land · 58 Days on market
Built 2026 10,001 sqft lot

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

Listing remarks MLS

Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!

Key facts

  • Quartz countertops
  • New construction
  • Gourmet kitchen

Tags

NEW CONSTRUCTIONOPEN-CONCEPT LAYOUTGOURMET KITCHENQUARTZ COUNTERTOPSSTAINLESS STEEL APPLIANCESAMPLE CABINET SPACE

Property features AI

Finance

  • Other: Property type: Residential; Lot is regular with wooded area view; Lot dimensions approx. 80 x 125 (total area 0.2296 acres); Zoning: RS-1; Irrigation: Well; New construction
  • HOA & community: No HOA maintenance; Community amenities listed as guest room and internet access; Community type: See remarks

Exterior

  • Parking: Attached 2-car garage
  • Security: Impact resistant windows and doors
  • Utilities: Well water; Septic sewer; Cable available
  • Home design: Single family residence; 1 story (ranch); East rear exposure
  • Construction: Concrete block construction; Stucco exterior finish; Tile roof; Built in 2026
  • Exterior features: Patio; Impact resistant windows and doors

Interior

  • Kitchen: Dishwasher; Microwave; Range; Refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms; Master bathroom with shower only
  • Heating & cooling: Central electric heating; Central electric cooling
  • Interior features: Pantry; Smoke detectors; Dining area (living); Guest bath; Guest room; Laundry in residence; Split bedroom floor plan; Unfurnished
  • Laundry & utility: Washer/dryer hookup

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 $335k.

Deal economics

  • At list price, monthly cash flow is $-701 ($-8k/yr) — negative.
  • To cash-flow at today's rent, offer at most $234k (30.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (39.0% below list).
  • Recommended offer: $204k (39.0% below list) — sets the bar for 1% rule.
  • Cap rate 3.8% vs local median 4.7% in Lehigh Acres — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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+, amenities F.
  • 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.
  • Zoned schools: Veterans Park Academy For The Arts (math 41% / reading 45%, grade F, #1,366 of 2,144 statewide, top 64%, 2,133 students, 36% FRL); Oak Hammock Middle School (math 43% / reading 41%, grade D-, #340 of 571 statewide, top 61%, 1,563 students, 56% FRL); Lehigh Senior High School (math 23% / reading 45%, grade F, #394 of 667 statewide, top 60%, 2,476 students, 57% FRL).
  • Market conditions: Rents falling (-4.7%/yr); 2476 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 34% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $36k of equity ($2k loan paydown + $33k appreciation (10.0% local appreciation)).
  • Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$58k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 58 days — a 3% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y 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 $21k; list at $335k implies a 1495% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $204,284 (39.0% 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 58 days. Have you received any prior offers? Is the seller open to a 39% 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
0.61%
Cap rate
3.78%
Cash-on-cash
-8.97%
DSCR
0.60
GRM
13.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
17.3%
Equity multiple
2.41×
Total profit
$131,819
Equity at exit
$301,704
10-year hold
IRR
15.8%
Equity multiple
5.40×
Total profit
$412,617
Equity at exit
$650,637

Cash invested: $93,772 (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 33974

Home prices YoY
5.8%
Rents YoY
-4.7%
Active inventory
2476
Price-to-rent
13.7×

Monthly cashflow live

Estimated rent
$2,043 high interval (Pro) →
Mortgage (P&I)
$1,756
Tax est. 1.5%
$419 /mo · $5,024/yr
Insurance
$140
HOA
$0
Vacancy / Maint / Mgmt
$429
Net cashflow
$-701

Break-even live

Break-even rent $2,930
Max offer price $233,526
Occupancy floor

Sensitivity live

Price -10% $-469 -5% $-585 +0% $-701 +5% $-816 +10% $-932
Rent -10% $-862 -5% $-781 +0% $-701 +5% $-620 +10% $-539
Rate -1.0pp $-532 -0.5pp $-615 base $-701 +0.5pp $-787 +1.0pp $-876

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
$83,725
Closing costs
$10,047
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1051 Marine Ave S Lehigh Acres, FL 3.0 2.0 1057 $1,800 $1.70 25d 1 0.28mi
1107 Enrique St E Lehigh Acres, FL 3.0 2.0 1363 $1,800 $1.32 25d 1 0.31mi
934 Marilyn Ave S Lehigh Acres, FL 4.0 2.0 1577 $2,000 $1.27 3d 1 0.42mi
934 Marilyn Ave S Lehigh Acres, FL 4.0 2.0 1577 $2,000 $1.27 13d 1 0.42mi
1150 Darling St E Lehigh Acres, FL 3.0 2.0 1292 $1,800 $1.39 25d 1 0.47mi
1142 Dutchess St E Lehigh Acres, FL 4.0 2.5 1632 $2,400 $1.47 25d 1 0.53mi
1129 Deauville St E Lehigh Acres, FL 3.0 2.0 1698 $2,100 $1.24 25d 1 0.59mi
1125 Deauville St E Lehigh Acres, FL 3.0 2.0 1292 $1,900 $1.47 4d 1 0.60mi
1121 Deauville St E Lehigh Acres, FL 3.0 2.0 1698 $2,100 $1.24 25d 1 0.61mi
1028 Eubanks St Lehigh Acres, FL 3.0 3.0 1200 $1,950 $1.62 17d 1 0.64mi
847 Genoa Ave Lehigh Acres, FL 3.0 2.0 1600 $2,000 $1.25 5d 1 0.73mi
1089 Eisenhower Blvd Lehigh Acres, FL 4.0 2.0 1639 $2,000 $1.22 5d 1 0.81mi
828 Genoa Ave S Lehigh Acres, FL 4.0 2.5 1632 $2,400 $1.47 25d 1 0.87mi
936 Eisenhower Blvd Lehigh Acres, FL 3.0 2.0 1300 $1,395 $1.07 5d 1 0.96mi
915 Graystone Ave Lehigh Acres, FL 3.0 2.0 1115 $1,525 $1.37 16d 1 1.03mi
1135 Harvest Ave Unit A Lehigh Acres, FL 2.0 2.0 1150 $1,450 $1.26 16d 1 1.07mi
1248 Columbus Blvd Unit B Fort Myers, FL 3.0 2.0 1100 $1,850 $1.68 25d 1 1.09mi
941 Elgin St Lehigh Acres, FL 3.0 2.0 1582 $2,664 $1.68 25d 1 1.10mi
765 Aprile Ave S Lehigh Acres, FL 4.0 2.0 1712 $2,100 $1.23 3d 1 1.14mi
763 Puccini Ave S Lehigh Acres, FL 3.0 2.0 1055 $1,699 $1.61 4d 1 1.15mi
1253 Columbus Blvd Fort Myers, FL 3.0 2.0 1288 $1,650 $1.28 25d 1 1.15mi
1262 Best Ave Fort Myers, FL 3.0 2.0 1288 $1,600 $1.24 16d 1 1.23mi
827 Eisenhower Blvd Lehigh Acres, FL 3.0 2.5 1640 $1,780 $1.09 13d 1 1.24mi
819 Eisenhower Blvd Unit 819 Lehigh Acres, FL 3.0 2.0 1390 $1,650 $1.19 25d 1 1.27mi
1018 Garnet Ave Lehigh Acres, FL 3.0 2.0 1381 $1,575 $1.14 25d 1 1.30mi
1270 Bermar St Fort Myers, FL 3.0 2.0 1408 $1,660 $1.18 5d 1 1.42mi
761 Kirkman Ave S Lehigh Acres, FL 3.0 2.0 1188 $1,900 $1.60 25d 1 1.42mi
936 Joponica Ave S Lehigh Acres, FL 4.0 2.0 2101 $2,500 $1.19 25d 1 1.46mi

Listing history 19 events

  1. 2026-06-22
    days on market $334,900 Active 58 DOM
  2. 2026-06-17
    days on market $334,900 Active 54 DOM
  3. 2026-06-16
    days on market $334,900 Active 53 DOM
  4. 2026-06-15
    days on market $334,900 Active 52 DOM
  5. 2026-06-13
    days on market $334,900 Active 50 DOM
  6. 2026-06-10
    days on market $334,900 Active 47 DOM
  7. 2026-06-09
    days on market $334,900 Active 46 DOM
  8. 2026-06-08
    pricedays on market $334,900 Active 45 DOM
  9. 2026-06-07
    days on market $344,900 Active 44 DOM
  10. 2026-06-03
    days on market $344,900 Active 40 DOM
  11. 2026-06-02
    days on market $344,900 Active 39 DOM
  12. 2026-06-01
    days on market $344,900 Active 38 DOM
  13. 2026-05-31
    days on market $344,900 Active 37 DOM
  14. 2026-04-24
    listed $344,900 Active
  15. 2024-12-19
    soldstatus $21,000
  16. 2024-12-03
    soldstatus $21,000 Closed 235-char remark
    Show marketing remark (235 chars)

    Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!

  17. 2024-11-12
    status Pending 235-char remark
    Show marketing remark (235 chars)

    Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!

  18. 2024-10-01
    listed $22,900 Active 235-char remark
    Show marketing remark (235 chars)

    Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!

  19. 2024-09-25
    soldstatus $11,000

ⓘ 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 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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 1 unhealthy d/yr today · 2 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
$24,514
− Mortgage interest
−$18,760
− Property taxes
−$5,024
− Insurance
−$1,674
− Repairs & maintenance
−$1,961
− Management
−$1,961
− Depreciation
−$9,743
Taxable loss
−$14,608
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,506
After-tax cash flow
$-4,901/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)
19,927
Household income
$72,192
Rent vs Own
27.3% rent · 72.7% own
Severe rent burden
434.0

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 0.64)
Race & ethnicity
Hispanic / Latino 52% Two or more races 31% White 26% Black 18%
Hispanic origin (detail)
Mexican 12% Puerto Rican 7% Cuban 20% Dominican 4%
Common ancestry
Hispanic 7% Italian 1% Portuguese 1%
Foreign-born
32% · Canada, Jamaica
Languages at home
48% English-only · Spanish 43% French/Haitian/Cajun 7% 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
▲ 16.53%
Current HPI
303.3399
Rent YoY
▼ -4.68%
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

+3035.5% since first listed
6 events — show timeline
  • 2026-04-24 Listed $344,900 NAPLESMLS
  • 2024-12-19 Sold (Public Records) $21,000 Public Records
  • 2024-12-03 Sold (MLS) $21,000 FORTMLS
  • 2024-11-12 Pending FORTMLS
  • 2024-10-01 Listed $22,900 FORTMLS
  • 2024-09-25 Sold (Public Records) $11,000 Public Records

Property tax history

+17.9%/yr

Latest (2025): $442 · +29.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…