17577 Cherry Ridge Ln, Fort Myers, FL, 33967 | $359/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 17577 Cherry Ridge Ln, Fort Myers, FL, 33967 offers a 9.24% rental yield on a $337,500 purchase with $2,599/mo rent. Total monthly income registers $2,599/mo, and a $1,652/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,310/yr on $111,881 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $2,178/yr while 5% annual appreciation supports $93,245 over five years. Portfolio math shows five-year ROI at 124.12% and total cumulative return in cash at $138,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,599/mo property income against a $1,652/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2005

3,310 sqft lot

$N/A/sqft

No HOA