200 South RdFort MyersFL33907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 200 South Rd, Fort Myers, FL, 33907 priced at $159,900 converts $1,265/mo rent into $204/mo cash flow after a $783/mo obligation. Total monthly income equals $1,265/mo, and annual cash flow totals $2,442/yr on $53,007 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.49% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 128.19% and total cumulative return in cash sums $67,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,265/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Shuman • Coldwell Banker Preferred Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021854