Turnkey income-producing duplex in the rapidly growing market of Lehigh Acres, located in Florida. 2405/2407 Vernon Ave S is currently generating $3,530 per month ($42,360 annually) with one unit leased at $1,700 and the other at $1,830 — providing immediate cash flow from day one.
This well-maintained duplex offers two separate units, making it an ideal addition to any investment portfolio. With strong rental demand in the area and continued population growth throughout Southwest Florida, this asset presents both stable income and long-term appreciation potential.
Investor Highlights:
Gross Monthly Income: $3,530
*Dual income streams for reduced vacancy risk
*Located in a high-demand rental corridor
*Strong tenant market with continued area growth
*Ideal for buy-and-hold investors
Lehigh Acres continues to attract workforce renters and families seeking affordability compared to neighboring markets, supporting consistent occupancy rates.
Whether you're completing a 1031 exchange or expanding your rental portfolio, this property offers immediate returns with upside potential.
Secure a performing asset in one of Southwest Florida’s most active rental markets—schedule your showing today.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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