1662 S Mayfair RdFort MyersFL33919
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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 1662 S Mayfair Rd, Fort Myers, FL, 33919 with 5% annual appreciation on a $319,900 basis while $3,559/mo rent supports operations. Total monthly income totals $3,559/mo and a $1,566/mo payment preserves $1,368/mo for cash returns. Annual cash flow comes to $16,414/yr on $106,047 deployed, and return on cash invested reaches 35.39% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 13.35%. Five-year ROI measures 186.71% and total cumulative return in cash totals $197,996.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,559/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,626 sqft lot
$N/A/sqft
No HOA
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Listed by: Nancy Ammons • RE/MAX Trend
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224061082
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.