1038 Sumica DrFort MyersFL33919
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fort Myers at 1038 Sumica Dr, Fort Myers, FL, 33919 priced at $499,900 pairs $4,040/mo rent with $722/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,040/mo, and annual cash flow comes to $8,668/yr on $165,717 invested. Return on cash invested is 25.14% in year one, and rental yield stands at 9.7% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 131.49% and total cumulative return in cash reaches $217,896. For financing, Ziffy Mortgage’s DSCR program evaluates $4,040/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
9,931 sqft lot
$N/A/sqft
No HOA
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Listed by: Meagan Ausman • MAKS Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225037937
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.