16175 John Morris Rd 93 Plan, Sun Retreats Fort Myers Beach, Fort Myers, FL, 33908 | $2,172/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Myers at 16175 John Morris Rd 93 Plan, Sun Retreats Fort Myers Beach, Fort Myers, FL, 33908 offers a 23.29% rental yield on a $169,995 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $832/mo payment leaves $2,172/mo available for distribution. Annual cash flow reaches $26,063/yr on $56,353 to close, and return on cash invested stands at 66.16% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,966 over five years. Portfolio math shows five-year ROI at 351.43% and total cumulative return in cash at $198,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

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