8760 Lueck Ln #1Fort 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
Rental property for sale in Fort Myers at 8760 Lueck Ln #1, Fort Myers, FL, 33919 generates $2,212/mo in rent and, after a $881/mo payment, leaves $224/mo in cash flow. Total monthly income is $2,212/mo, and annual cash flow is $2,690/yr on $59,670 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 14.75% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 133.44% and total cumulative return in cash sums $79,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,212/mo property income rather than buyer’s personal income.
Condo
Built in 1969
6,730 sqft lot
$N/A/sqft
No HOA
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Listed by: Trudy Breen • Coldwell Banker Realty
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225051550
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