16175 John Morris Rd 57 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 57 Plan, Sun Retreats Fort Myers Beach, Fort Myers, FL, 33908 earns $804/mo cash flow from $1,680/mo rent with a $646/mo payment. Total monthly income totals $1,680/mo, and annual cash flow totals $9,649/yr on $43,756 capital. ROI tracks 41.96% on current figures, and rental yield reads 15.27% at a $131,995 purchase. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,468 over five years. Five-year ROI reaches 221.82% and total cumulative return in cash sums $97,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Manufactured
Built in 2024
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: Jillian Clark • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A