8884 Fawn Ridge DrFort MyersFL33912
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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 8884 Fawn Ridge Dr, Fort Myers, FL, 33912 at $440,000 posts ROI 27.29% with $897/mo cash flow from $3,817/mo rent. Total monthly income equals $3,817/mo, and annual cash flow records $10,760/yr on $145,860 to close. Return on cash invested measures 27.29% and rental yield reads 10.41% at the current $440,000. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 by year five. Five-year ROI prints 142.99% and total cumulative return in cash totals $208,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,817/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33912, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,254 (100%) |
| Owner Occupied HU | 7,960 (60.1%) |
| Renter Occupied HU | 2,220 (16.7%) |
| Vacant Housing Units | 3,074 (23.2%) |
| Median Home Value | $488,563 |
| Average Home Value | $541,601 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
9,150
Multi-Family
2,596
Businesses
1,257
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Listed by: Ashlee Riggle • Jones & Co Realty
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #224064621
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.