12065 Summergate Cir APT 203Fort MyersFL33913
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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
Investment property for sale in Fort Myers at 12065 Summergate Cir APT 203, Fort Myers, FL, 33913 earns from $2,226/mo rent with a $1,172/mo payment. Total monthly income totals $2,226/mo. ROI tracks 18.08% on current figures, and rental yield reads 11.15% at a $239,500 purchase. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 over five years. Five-year ROI reaches 97.84% and total cumulative return in cash sums $77,677. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,226/mo property income instead of your personal income.
Condo
Built in 1994
4,791 sqft lot
$N/A/sqft
$8,280 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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Listed by: Nick Williams • Paradise Cove Realty Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225005288
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.