5554 Hamlet LnFort MyersFL33919
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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 5554 Hamlet Ln, Fort Myers, FL, 33919 uses $64,643 cash to close to unlock $1,848/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,934/mo, and a $954/mo payment keeps the spread at $154/mo. Purchase price stands at $195,000, and rental yield measures 11.9% with $1,934/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 122.02% and total cumulative return in cash records $78,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1971
4,909 sqft lot
$N/A/sqft
No HOA
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Listed by: Marianne Festa • VIP Realty Group Inc
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225057062
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