18500 Sarasota RdFort 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
Investment property for sale in Fort Myers at 18500 Sarasota Rd, Fort Myers, FL, 33967 uses $99,450 cash to close to unlock $2,046/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $2,161/mo, and a $1,468/mo payment keeps the spread at $171/mo. Purchase price stands at $300,000, and rental yield measures 8.64% with $2,161/mo rent. Return on cash invested shows 21.97% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 114.49% and total cumulative return in cash records $113,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,161/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1987
8,624 sqft lot
$N/A/sqft
No HOA
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Listed by: Tommy Doman • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025010836
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.