1660 S Hermitage RD, Fort Myers, FL, 33919 | 7.09% 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 1660 S Hermitage RD, Fort Myers, FL, 33919 generates $2,830/mo in rent, after a $2,344/mo payment. Total monthly income is $2,830/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 7.09% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 89.31% and total cumulative return in cash sums $141,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,830/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

9,844 sqft lot

$N/A/sqft

No HOA