1649 N Hermitage Rd, Fort Myers, FL, 33919 | $351/mo Cash Flow

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

Investment property for sale in Fort Myers at 1649 N Hermitage Rd, Fort Myers, FL, 33919 uses $94,478 cash to close to unlock $4,207/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $1,395/mo payment keeps the spread at $351/mo. Purchase price stands at $285,000, and rental yield measures 9.44% with $2,242/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash records $120,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $1,395/mo payment rather than investor’s personal income.

Single Family

Built in 1970

N/A lot

$N/A/sqft

No HOA