1646 S Hermitage Rd, Fort Myers, FL, 33919 | 7.55% Rental Yield

For Sale

Ziffy Mortgage

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

Rental property for sale in Fort Myers at 1646 S Hermitage Rd, Fort Myers, FL, 33919 generates $1,857/mo in rent, after a $1,444/mo payment. Total monthly income is $1,857/mo. Return on cash invested sits at 18.67% in year one, and rental yield is 7.55% on a $294,999 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 96.83% and total cumulative return in cash sums $94,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,857/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

9,583 sqft lot

$N/A/sqft

No HOA