OFF_MARKETRisky Deal41 days on market

521 Grant Ave

521 Grant Ave, Lehigh Acres, FL 33972, Lehigh Acres, FL 33972
$450,000
Zestimate®:$414,800

Listing Price

Property image 1
521 Grant Ave, Lehigh Acres, FL 33972
Loc: Lehigh Acres, FL
Days Listed
41
Tax Assessed
$632k
Zestimate®
$415k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$3,053/mo
Est. Cash Flow base
Type
multi family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

2

Lehigh Elementary School

PK-5
2.8 mi away
5

Lehigh Acres Middle School

6-8
2.9 mi away
2

East Lee County High School

9-12
4.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2.5/10
Exercise caution due to potential market volatility.
Cap Rate
2.65%
Total ROI
2.9%
Cash Flow
$-1,284/mo
DSCR
0.44
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Data provided by Haven AI. Disclaimer

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Haven AI

This property at 521 Grant Ave is a fundamentally flawed investment from a conservative cash-flow perspective. A rental yield of 2.65% is exceptionally low for a multi-family asset, especially in a market like Lehigh Acres which typically requires higher risk premiums. The most alarming metric is the monthly cash flow deficit of -$1,283.53. This 'alligator' property would require an annual out-of-pocket injection of over $15,400 just to maintain operations and debt service. While the 4% appreciation is steady, the negative carry will aggressively erode any equity gains. Unless the property is significantly under-rented or the acquisition is a cash purchase, it fails to meet basic investment solvency standards.

Strengths
  • Large footprint of 3,511 sqft provides a competitive price-per-square-foot metric
  • Multi-family configuration (6 beds/4 baths) allows for operational flexibility
  • Positive 4% expected appreciation provides a long-term hedge against inflation
Considerations
  • Severe negative monthly cash flow of -$1,283.53 makes the asset a liability rather than an investment
  • 2.65% rental yield is significantly below the risk-free rate and typical multi-family benchmarks
  • High holding costs will likely result in a negative total return on investment (ROI) after expenses
  • Lehigh Acres is a tertiary market that often faces higher volatility during economic contractions
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-21Listing removed$420,000$120
2026-08-04Price change$420,000$120
2026-07-06Listed for sale$435,000$124
2026-07-04Listing removed$435,000$124
2026-03-26Price change$435,000$124
2026-02-06Price change$450,000$128
2025-12-08Listed for sale$499,900$142
2016-01-29Sold$243,700$69
2015-11-19Price change$239,900$68
2015-11-12Price change$239,000$68
2015-11-11Listing removed$1,200
2015-11-05Listed for rent$1,200
2015-09-26Listed for sale$295,500$84
2015-04-19Listing removed$249,400$71
2014-11-30Listed for sale$249,400$71
2014-05-23Listing removed$249,450$71
2014-02-23Listed for sale$249,450$71
2012-03-20Sold$116,000$33
2011-10-18Price change$125,000$36
2011-10-07Price change$134,900$38
2011-09-28Price change$139,900$40
2011-09-21Listed for sale$149,900$43
2006-06-22Sold$425,000$121
2003-10-02Sold$247,400$70
2001-09-07Sold$147,000$42
1999-06-14Sold$47,000$13
1998-04-10Sold$28,000$8

Tax History

YearProperty TaxTax Assessment
2025$4,835.57$305,727
2024$4,564.14$297,111
2023$4,325.46$288,457
2022$4,062.73$279,996
2021$3,882.59$268,028
2020$3,897.61$264,327
2019$4,087.62$281,011
2018$4,087.62$253,566
2017$3,709.75$251,141
2016$4,213.79$219,674
2015$2,289.2$186,987
2014$2,272.14$144,976
2013$2,395.11$149,498
2012$1,658.67$128,806
2011$1,656.49$99,911
2010$1,679.27$98,370
2009$2,120.49$125,260
2007$6,439.71$370,080
2006$4,763.67$337,800
2004$4,820.39$225,490
2003$2,517.64$122,740
2002$2,565.85$124,570
2000$0$7,910
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
4
Sq Ft
3,511
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $450,000Rent Basis: Observed Comp Model ($3,053/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $225/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.29%

NOI: $19,311/yr

Cash-on-Cash Yield
-8.4%

On $103,500 invested

DSCR Ratio
0.69x

Negative debt coverage

5-Yr Leveraged ROI
+52.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$517/mo
Homeowner / Hazard Insurance-$225/mo
Vacancy Reserve (5% of rent)-$153/mo
Repairs & Maintenance (10% of rent)-$305/mo
Property Management (8% of rent)-$244/mo
Total Pure Operating Expenses-$1,444/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,053/mo
Less: Operating Expenses-$1,444/mo
Net Operating Income (NOI)+$1,609/mo
Less: Debt Service (30yr @ 6.75%)-$2,335/mo
Net Cash Flow
$-726/mo
$-8,708/year
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521 Grant Ave | Lehigh Acres, FL | Haven AI Analysis | Haven by ScoutHavens