7164 Lyle TER #2Fort MyersFL33907
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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 7164 Lyle TER #2, Fort Myers, FL, 33907 generates $1,908/mo in rent and, after a $976/mo payment, leaves $585/mo in cash flow. Total monthly income is $1,908/mo, and annual cash flow is $7,014/yr on $66,134 invested. Return on cash invested sits at 30.52% in year one, and rental yield is 11.48% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 160.32% and total cumulative return in cash sums $106,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,908/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
1,219 sqft 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
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Listed by: Eddie Silverio Jr, PA • First Impression Realty Corp
Mls Name: SWFLMLS
Mls ID: #225082087