17942 Oakmont Ridge Cir CIRFort 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 17942 Oakmont Ridge Cir CIR, Fort Myers, FL, 33967 generates $3,004/mo in rent and, after a $1,811/mo payment, leaves $406/mo in cash flow. Total monthly income is $3,004/mo, and annual cash flow is $4,866/yr on $122,655 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.74% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 125.22% and total cumulative return in cash sums $153,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,599 sqft lot
$N/A/sqft
$1,476 annually HOA
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Listed by: Desiree Katsoufis • Berkshire Hathaway FL Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225044033
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.