2172 Simon CtFort MyersFL33916
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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 2172 Simon Ct, Fort Myers, FL, 33916 listed at $285,000 pairs $2,606/mo rent with a $1,395/mo payment to leave $715/mo cash flow. Total monthly income runs $2,606/mo, and annual cash flow reaches $8,575/yr on $94,478 cash to close. Return on cash invested measures 28.99% in year one, and rental yield registers 10.97% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 152.11% and total cumulative return in cash totals $143,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,606/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33916, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,222 (100%) |
| Owner Occupied HU | 4,285 (30.1%) |
| Renter Occupied HU | 7,966 (56.0%) |
| Vacant Housing Units | 1,971 (13.9%) |
| Median Home Value | $259,163 |
| Average Home Value | $313,318 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
7,873
Multi-Family
4,387
Businesses
820
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Listed by: SONIA Mendoza • Rome International Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026002981