Under $200K Investment Properties for Sale in Fort Myers, FL

Fort Myers, FL offers strong investment potential in homes under $200k, particularly condos and manufactured homes in established communities. Rental yields average 7-9% with cap rates around 8%, driven by tourism and retiree demand. Annual appreciation holds steady at 5-6%, while cash flow potential reaches $800/month for well-located properties. Renter-occupied units exceed 45%, ensuring stable income streams for investors.