8440 Pennsylvania BlvdFort MyersFL33967
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8440 Pennsylvania Blvd, Fort Myers, FL, 33967 uses $112,677 cash to close to unlock $3,217/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $2,581/mo, and a $1,664/mo payment keeps the spread at $268/mo. Purchase price stands at $339,900, and rental yield measures 9.11% with $2,581/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 119% and total cumulative return in cash records $134,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,581/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1987
9,408 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Bagdasarian • Gulf Pointe Properties
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225046655
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.