7406 Lake Breeze Dr APT 615Fort 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
Investment property for sale in Fort Myers at 7406 Lake Breeze Dr APT 615, Fort Myers, FL, 33907 listed at $195,000 pairs $1,467/mo rent with a $954/mo payment to leave $173/mo cash flow. Total monthly income runs $1,467/mo, and annual cash flow reaches $2,080/yr on $64,643 cash to close. Return on cash invested measures 23.13% in year one, and rental yield registers 9.03% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 120.7% and total cumulative return in cash totals $78,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,467/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
0.26 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
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Listed by: Jan Wallace • Gulf Coast Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025018253