16175 John Morris Rd 11 Plan, Sun Retreats Fort Myers BeachFort MyersFL33908
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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 16175 John Morris Rd 11 Plan, Sun Retreats Fort Myers Beach, Fort Myers, FL, 33908 uses $38,452 cash to close to unlock $1,356/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $883/mo, and a $568/mo payment keeps the spread at $113/mo. Purchase price stands at $115,995, and rental yield measures 9.13% with $883/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $32,047 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash records $47,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $883/mo property income covering a $568/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
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Listed by: N/A • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A