1561 Lynwood AveFort MyersFL33901
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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 1561 Lynwood Ave, Fort Myers, FL, 33901 uses $223,786 cash to close to unlock $6,196/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $5,030/mo, and a $3,329/mo payment keeps the spread at $516/mo. Purchase price stands at $680,200, and rental yield measures 8.87% with $5,030/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $187,927 over five years. Five-year ROI reaches 119.07% and total cumulative return in cash records $266,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,030/mo property income covering a $3,329/mo payment rather than investor’s personal income.
Single Family
Built in 1972
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
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