812 Lake McGregor Dr, Fort Myers, FL, 33919 | $674/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1032 sft

4510 N Key Dr APT 401, North Fort Myers, FL, 33903

2 Bed
2 Bath
1283 sft

3350 N Key Dr #504, North Fort Myers, FL, 33903

2 Bed
2 Bath
1209 sft

438 Snead Dr, North Fort Myers, FL, 33903

3 Bed
2 Bath
1316 sft

11636 Palm Dr, Fort Myers, FL, 33908

Nearby investment properties with comparable prices

2 Bed
1 Bath
1178 sft

1202 Archdale St, Lehigh Acres, FL, 33936

2 Bed
2 Bath
1138 sft

7406 Lake Breeze Dr APT 115, Fort Myers, FL, 33907

3 Bed
2 Bath
1043 sft

15385 Bellamar Cir APT 412, Fort Myers, FL, 33908

3 Bed
2 Bath
1043 sft

15360 Bellamar Cir APT 3523, Fort Myers, FL, 33908

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Fort Myers at 812 Lake McGregor Dr, Fort Myers, FL, 33919 priced at $280,000 pairs $2,532/mo rent with $674/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,532/mo, and annual cash flow comes to $8,092/yr on $92,820 invested. Return on cash invested is 28.63% in year one, and rental yield stands at 10.85% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 150.21% and total cumulative return in cash reaches $139,425. For financing, Ziffy Mortgage’s DSCR program evaluates $2,532/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1963

0.25 Acres lot

$N/A/sqft

No HOA