12730 Devonshire Lakes CirFort 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 12730 Devonshire Lakes Cir, Fort Myers, FL, 33913 listed at $342,900 pairs $2,466/mo rent with a $1,678/mo payment to leave $191/mo cash flow. Total monthly income runs $2,466/mo, and annual cash flow reaches $2,289/yr on $113,671 cash to close. Return on cash invested measures 21.92% in year one, and rental yield registers 8.63% at a $342,900 basis. Equity gained on principal adds $2,213/yr, and annual property appreciation at 5% supports $94,737 by year five. Five-year ROI tracks 114.23% and total cumulative return in cash totals $129,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,466/mo property income relative to a $1,678/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
5,837 sqft lot
$N/A/sqft
No 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: Alfred Natella • Gulf Pointe Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025009952