17394 E Carnegie Cir #396Fort MyersFL33967
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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
Rental property for sale in Fort Myers at 17394 E Carnegie Cir #396, Fort Myers, FL, 33967 generates $2,430/mo in rent, after a $2,080/mo payment. Total monthly income is $2,430/mo. Return on cash invested sits at 16.59% in year one, and rental yield is 6.86% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 85.6% and total cumulative return in cash sums $120,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,430/mo property income rather than buyer’s personal income.
Multi Family
Built in 1986
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Alexandra Reiber • Starlink Realty, Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001490