1390 Myerlee Country Club BlvdFort 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
Investment property for sale in Fort Myers at 1390 Myerlee Country Club Blvd, Fort Myers, FL, 33919 with 5% annual appreciation on a $222,000 basis while $1,708/mo rent supports operations. 15% in year one. Equity gained on principal adds $1,433/yr, and five-year appreciation sums $61,335 alongside rental yield of 9.23%. Five-year ROI measures 66.09% and total cumulative return in cash totals $48,639. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,708/mo property income versus a $1,087/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
9,692 sqft lot
$N/A/sqft
$8,520 annually HOA
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Listed by: Barry Goettemoeller • RE/MAX Realty Team
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224103605
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.