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211 S Lake Dr 🏷️ Likely Rental
D Composite 44.41
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).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +4.1/10.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$2,000

211 S Lake Dr · Lehigh Acres, FL 33936
2 bd · 2.0 ba · 1,176 sqft · SingleFamily public records · 3 Days on market
Built 1977 8,864 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Furnished 2/2 Home – Perfect for Short-Term or Corporate Rental Step into comfort and style with this beautifully furnished 2-bedroom, 2-bath home, ready for your short-term or extended stay. Every detail has been thoughtfully designed to create a relaxing and modern atmosphere — ideal for business travelers, vacationers, or anyone seeking a worry-free living experience. Enjoy a bright, open living area, a fully equipped kitchen , in-unit washer and dryer, high-speed Wi-Fi, and central A/C. The master suite features a queen bed and private bathroom, while the second bedroom offers flexibility for guests or remote work. Unwind in your private backyard, enjoy your morning coffe

Key facts

  • Private backyard
  • Private parking
  • Conveniently located

Tags

FULLY EQUIPPED KITCHENIN-UNIT WASHER AND DRYERPRIVATE BACKYARDPRIVATE PARKINGCONVENIENTLY LOCATED

Property features AI

Finance

  • Financial info: Pets allowed with conditions; contact for details
  • HOA & community: Non-gated community; Association provides storage; Association fee includes internet, laundry, street lights and water; No association fee

Exterior

  • Parking: Attached 2-car garage; Detached carport with 2 spaces; Assigned parking; Covered parking for 4 vehicles; Two-space garage
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer; Cable available; Municipal irrigation
  • Home design: Single-story; Resale property
  • Construction: Block, concrete and stucco construction; Shingle roof; Built in 1 story
  • Exterior features: Fence; Patio; Rectangular lot; Canal access (waterfront); East exposure; West-facing

Interior

  • Kitchen: Range; Microwave; Refrigerator; Kitchen island; Pantry; Eat-in kitchen
  • Bedrooms: Bedroom on main level
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air (electric)
  • Interior features: Sliding windows; Furnished; Built-in features; Bedroom on main level; Eat-in kitchen; Family/Dining room; Kitchen island; Living/Dining room; Pantry; Walk-in closet(s); Split bedrooms; Florida room
  • Laundry & utility: Washer; Dryer; Inside laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $2,000 price doesn't fit this home's estimated sale value (~$225,792) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

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

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $2k).
  • Cap rate 761.3% 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 soft (-0.8%/yr); 641 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 38% of the median local income ($51k/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 $14 of loan paydown is wiped out by about $60 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $560 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
  • 12 sale attempts since 26y ago; this cycle's ask has dropped $500 (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: 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 $2,000

Questions for the listing agent

  1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
80.52%
Cap rate
761.32%
Cash-on-cash
2696.51%
DSCR
120.98
GRM
0.1

CMA / ARV

ARV (on-the-fly)
$225,792
Comps found
11
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
228 Highview Ave 0.28mi 2/2.0 1,148 (-2%) 3mo $220,000 $192 81
210 Highview Ave 0.27mi 2/2.0 1,176 (0%) 12mo $220,000 $187 78
230 Highview Ave 0.28mi 2/2.0 1,212 (+3%) 9mo $230,000 $190 74
111 Richmond Ave S 0.33mi 3/2.0 (+1) 1,268 (+8%) 8mo $230,000 $181 60
532 Pennview Ave 0.23mi 3/2.0 (+1) 1,320 (+12%) 19mo $285,000 $216 48
204 Roat St 0.56mi 3/2.0 (+1) 1,284 (+9%) 7mo $255,000 $199 48
603 Weston Rd 0.34mi 3/2.0 (+1) 1,317 (+12%) 14mo $250,000 $190 48
108 Starview Ave 0.40mi 3/2.0 (+1) 1,341 (+14%) 9mo $245,000 $183 45
106 Lincoln Ave 0.67mi 2/2.0 1,274 (+8%) 19mo $265,000 $208 39
720 Evening Shade Ln 0.62mi 3/2.0 (+1) 1,270 (+8%) 19mo $270,000 $213 37
12 Clayton Ave 0.56mi 3/2.0 (+1) 1,350 (+15%) 22mo $279,000 $207 26

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
Equity multiple
135.16×
Total profit
$75,127
Equity at exit
$298
10-year hold
IRR
Equity multiple
269.72×
Total profit
$150,481
Equity at exit
$173

Cash invested: $560 (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 33936

Home prices YoY
-19.9%
Rents YoY
-0.8%
Active inventory
641
Price-to-rent
0.1×

Monthly cashflow live

Estimated rent
$1,610 high interval (Pro) →
Mortgage (P&I)
$10
Tax est. 1.5%
$2 /mo · $30/yr
Insurance
$1
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$1,258

Break-even live

Break-even rent $17
Max offer price $2,000
Occupancy floor 17%

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
$500
Closing costs
$60
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
127 Highview Ave Lehigh Acres, FL 3.0 2.0 1495 $1,860 $1.24 3d 1 0.16mi
217 Jayview Ave Lehigh Acres, FL 3.0 2.0 1491 $1,600 $1.07 14d 1 0.23mi
202 Eaglesmere Dr Lehigh Acres, FL 3.0 2.0 1443 $1,600 $1.11 3d 1 0.24mi
202 Eaglesmere Dr Lehigh Acres, FL 3.0 2.0 1443 $1,695 $1.17 23d 1 0.24mi
201 Fireside Ct Unit N/A Lehigh Acres, FL 2.0 2.0 1370 $1,675 $1.22 3d 1 0.42mi
201 Fireside Ct Lehigh Acres, FL 2.0 2.0 1370 $1,550 $1.13 3d 1 0.43mi
222 Ground Dove Cir Lehigh Acres, FL 3.0 2.0 1417 $1,695 $1.20 10d 1 0.50mi
1101 Leeland Heights Blvd E Lehigh Acres, FL 3.0 2.0 1250 $1,350 $1.08 16d 1 0.70mi
718 Sunrise Blvd Lehigh Acres, FL 3.0 2.0 1100 $1,610 $1.46 23d 1 0.75mi
106 Leeland Heights Blvd W Lehigh Acres, FL 1.0 1.0 794 $1,450 $1.83 23d 1 0.85mi
110 Texas Rd Lehigh Acres, FL 3.0 1.0 1118 $1,750 $1.57 16d 1 0.86mi
241 Thistle Ct Lehigh Acres, FL 2.0 2.0 1376 $1,195 $0.87 23d 1 1.02mi
305 Bougainvillea Rd W Lehigh Acres, FL 1.0 1.0 742 $1,295 $1.75 23d 1 1.07mi
6 Aztec Lily Ln Lehigh Acres, FL 2.0 2.0 853 $2,600 $3.05 23d 1 1.13mi
6 Aztec Lily Ln Lehigh Acres, FL 2.0 2.0 853 $1,500 $1.76 19d 1 1.13mi
10738 Cocoatree Ct Lehigh Acres, FL 3.0 2.0 1220 $1,600 $1.31 2d 1 1.13mi
3 Desert Candle Cir Lehigh Acres, FL 2.0 2.0 853 $1,200 $1.41 23d 1 1.16mi
198 Joel Blvd #6 Lehigh Acres, FL 2.0 2.0 1036 $1,200 $1.16 3d 1 1.17mi
102 Connecticut Rd Lehigh Acres, FL 2.0 1.0 816 $1,300 $1.59 23d 1 1.18mi
713 Cardinal St E Lehigh Acres, FL 3.0 2.0 1100 $1,635 $1.49 3d 1 1.18mi
503 Penn Rd W Lehigh Acres, FL 3.0 2.0 1256 $1,750 $1.39 14d 1 1.19mi
19480 Poppytree Ct Lehigh Acres, FL 3.0 2.0 1334 $1,750 $1.31 23d 1 1.24mi
374 Compese Ave S Lehigh Acres, FL 3.0 2.0 1200 $1,750 $1.46 16d 1 1.25mi
704 W Cleveland Ln Lehigh Acres, FL 2.0 1.0 816 $1,400 $1.72 23d 1 1.27mi
351 Ranchito Ave Lehigh Acres, FL 3.0 2.5 1500 $2,000 $1.33 23d 1 1.28mi
759 Cane St E Lehigh Acres, FL 3.0 2.0 1169 $1,950 $1.67 3d 1 1.30mi
333 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1114 $1,300 $1.17 3d 1 1.31mi
347 Richland Rd Lehigh Acres, FL 2.0 2.0 1040 $1,150 $1.11 23d 1 1.31mi
346 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1185 $1,495 $1.26 3d 1 1.33mi
346 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1185 $1,495 $1.26 14d 1 1.33mi
10525 Putnam Ct Lehigh Acres, FL 2.0 2.0 1014 $1,250 $1.23 19d 1 1.35mi
397 Carrillon Ave S Lehigh Acres, FL 3.0 2.0 1200 $1,550 $1.29 3d 1 1.37mi
20055 Lake Vista Cir N Lehigh Acres, FL 3.0 2.0 1442 $1,700 $1.18 23d 1 1.37mi
350 Limerick Ave S Lehigh Acres, FL 3.0 2.0 1199 $1,800 $1.50 3d 1 1.39mi
448 Reading St Lehigh Acres, FL 3.0 2.0 1100 $1,890 $1.72 3d 1 1.40mi
10578 Quincy Ct Unit 1 Lehigh Acres, FL 2.0 2.0 899 $1,275 $1.42 23d 1 1.41mi
10625 Windsmont Ct Lehigh Acres, FL 3.0 2.0 1080 $1,350 $1.25 23d 1 1.42mi
10554 Quincy Ct Lehigh Acres, FL 2.0 2.0 1004 $1,300 $1.29 19d 1 1.42mi
388 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1200 $1,780 $1.48 23d 1 1.44mi
216 Oregon Way Lehigh Acres, FL 3.0 1.0 920 $1,250 $1.36 21d 1 1.44mi

Listing history 3 events

  1. 2026-06-15
    days on market $2,000 Active 3 DOM
  2. 2026-06-13
    remarks 687-char remark
  3. 2026-06-13
    listed $2,000 Active 1 DOM

ⓘ 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 4/10 Moderate
  • 🌡 Heat 10/10 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 1 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
$19,324
− Mortgage interest
−$112
− Property taxes
−$30
− Insurance
−$10
− Repairs & maintenance
−$1,546
− Management
−$1,546
− Depreciation
−$58
Taxable income
$16,022
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,845
After-tax cash flow
$11,255/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)
27,967
Household income
$51,417
Rent vs Own
27.8% rent · 72.2% own
Severe rent burden
1027.0

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 0.63)
Race & ethnicity
Hispanic / Latino 44% White 41% Two or more races 21% Black 9% Asian 1%
Hispanic origin (detail)
Mexican 7% Puerto Rican 9% Cuban 18% Dominican 2%
Common ancestry
Hispanic 3% Romanian 2% Lithuanian 1%
Foreign-born
28% · Canada, Jamaica
Languages at home
59% English-only · Spanish 36% French/Haitian/Cajun 3% Tagalog/Filipino 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
▼ -86.78%
Current HPI
348.8631
Rent YoY
▼ -0.77%
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

-94.7% since first listed
29 events — show timeline
  • 2026-01-31 Rental Removed $2,500 FGCMLS
  • 2026-01-08 Listed for Rent $2,500 FGCMLS
  • 2026-01-08 Rental Removed $1,800 NAPLESMLS
  • 2025-12-30 Listed for Rent $1,800 NAPLESMLS
  • 2025-12-12 Listed $2,000 FORTMLS
  • 2025-11-23 Rental Removed $1,600 NAPLESMLS
  • 2025-11-09 Price Changed $1,600 NAPLESMLS
  • 2025-11-08 Listed for Rent $1,800 NAPLESMLS
  • 2025-11-03 Rental Removed $1,650 NAPLESMLS
  • 2025-10-09 Price Changed $1,650 NAPLESMLS
  • 2025-07-22 Listed for Rent $1,800 NAPLESMLS
  • 2024-05-29 Rental Removed $2,000 FORTMLS
  • 2024-05-18 Listed for Rent $2,000 FORTMLS
  • 2023-11-01 Rental Removed $2,000 FORTMLS
  • 2023-09-30 Listed for Rent $2,000 FORTMLS
  • 2023-09-01 Sold (Public Records) $330,000 Public Records
  • 2023-08-05 Listed $325,000 MARMLS
  • 2022-11-02 Listing Removed FORTMLS
  • 2022-09-12 Listed $289,000 FORTMLS
  • 2019-10-29 Sold (Public Records) $133,500 Public Records
  • 2019-10-24 Sold (MLS) $133,500 FORTMLS
  • 2019-10-20 Pending FORTMLS
  • 2019-10-01 Pending FORTMLS
  • 2019-09-26 Listed $137,500 FORTMLS
  • 2015-11-24 Listed $94,900 FORTMLS
  • 2015-11-24 Listing Removed FORTMLS
  • 2000-04-17 Sold (Public Records) $66,000 Public Records
  • 2000-01-11 Listed $68,900 FORTMLS
  • 1977-06-01 Sold (Public Records) $47,400 Public Records

Property tax history

+16.4%/yr

Latest (2025): $2,857 · -2.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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