8740 Lueck Ln #2Fort MyersFL33919
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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 8740 Lueck Ln #2, Fort Myers, FL, 33919 offers a 8.5% rental yield on a $216,900 purchase with $1,536/mo rent. 08% in year one. Equity gained on principal adds $1,400/yr while 5% annual appreciation supports $59,925 over five years. Portfolio math shows five-year ROI at 59.94% and total cumulative return in cash at $43,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $1,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
6,895 sqft lot
$N/A/sqft
$7,500 annually HOA
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Listed by: Cliff Woodhall • Home Team Advantage Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225001096
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.