8699 S Lake CirFort MyersFL33908
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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 8699 S Lake Cir, Fort Myers, FL, 33908 with 5% annual appreciation on a $599,900 basis while $4,326/mo rent supports operations. Total monthly income totals $4,326/mo and a $2,936/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,312/yr on $197,367 deployed, and return on cash invested reaches 21.74% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 8.65%. Five-year ROI measures 113.35% and total cumulative return in cash totals $223,708.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,326/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
$830 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
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Listed by: Terri Lodge • Genesis Realty Team
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225027648
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.