Is Lee County, FL good for real estate investing?

Lee County has an investment score of 45/100, rated as "Hold". The county ranks #883 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Lee?

The rent-to-price ratio in Lee County is 6.57% annually, which ranks in the 67th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Lee?

The median home price in Lee County is $339,141. This ranks #676 in affordability among all US counties.

Can you cash flow on rental properties in Lee?

Based on median values with 20% down at current rates, a typical rental in Lee County would generate negative cash flow of $572/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Lee County

FloridaPopulation: 772,902

/100

Hold

#883 of 1,000 counties

#47 in Florida (67 counties)

Market Snapshot

$339,141

Median Home Price

24% above national median

$1,856/mo

Median Rent

24% above national median

6.57%

Rent-to-Price Ratio

Top 33% nationally

-$572

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$339,141

Down Payment (20%)$67,828

Loan Amount$271,313

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,856

Monthly P&I-$1,778

Est. Expenses (35%)-$650

Net Cash Flow-$572/mo

4.3%

Cap Rate (all cash)

-8.8%

Cash-on-Cash Return

6.57%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

45/100

Cash Flow(30%)

66/100

Based on 6.57% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

4/100

Based on -10.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

57/100

Price-to-income ratio of 4.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Declining home values (-10.5% YoY)
-Negative cash flow at typical financing (-$572/mo)
-Negative leverage (cap rate 4.3% < mortgage rate 6.9%)

Economic Indicators

Population

772,902

Median Income

$69,368

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.9x

Moderately affordable

Compare to Nearby Counties

County					Verdict
VolusiaFL	46	$319,330	$1,729	6.50%	Hold	View
CurrentLeeFL	45	$339,141	$1,856	6.57%	Hold
NassauFL	45	$473,918	$2,066	5.23%	Hold	View
BrowardFL	45	$419,725	$2,466	7.05%	Hold	View
Miami-DadeFL	44	$513,948	$2,798	6.53%	Avoid	View
PinellasFL	44	$361,621	$2,032	6.74%	Avoid	View

The Bottom Line

HoldLee is a neutral market. Consider house hacking or targeting below-market deals.

Lee County in Florida scores 45/100, ranking #883 of 1,000 US counties (top 88%). The 6.57% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-572/mo

Cap Rate

4.3%

Cash-on-Cash

-8.8%

Ready to Analyze a Deal in Lee?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$339,141

Down Payment (20%)$67,828

Loan Amount$271,313

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,856

Monthly P&I-$1,778

Est. Expenses (35%)-$650

Net Cash Flow-$572/mo

4.3%

Cap Rate (all cash)

-8.8%

Cash-on-Cash Return

6.57%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

45/100

Cash Flow(30%)

66/100

Based on 6.57% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

4/100

Based on -10.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

57/100

Price-to-income ratio of 4.9x. Lower ratios indicate more affordable markets.

County

Verdict

VolusiaFL

$319,330

$1,729

6.50%

Hold

View

CurrentLeeFL

$339,141

$1,856

6.57%

Hold

NassauFL

$473,918

$2,066

5.23%

Hold

View

BrowardFL

$419,725

$2,466

7.05%

Hold

View

Miami-DadeFL

$513,948

$2,798

6.53%

Avoid

View

PinellasFL

$361,621

$2,032

6.74%

Avoid

View

The Bottom Line

HoldLee is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-572/mo

Cap Rate

4.3%

Cash-on-Cash

-8.8%