8945 Tropical CtFort 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
Rental property for sale in Fort Myers at 8945 Tropical Ct, Fort Myers, FL, 33908 priced at $945,000 pairs $6,896/mo rent with $460/mo cash flow after a $4,625/mo payment. Total monthly income equals $6,896/mo, and annual cash flow comes to $5,521/yr on $310,905 invested. Return on cash invested is 21.84% in year one, and rental yield stands at 8.76% on a $945,000 basis. Equity gained on principal adds $6,098/yr, and 5% annual appreciation accumulates to $261,086 by year five. Five-year ROI measures 113.97% and total cumulative return in cash reaches $354,340. For financing, Ziffy Mortgage’s DSCR program evaluates $6,896/mo property income against a $4,625/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2006
9,844 sqft lot
$N/A/sqft
$1,980 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: Greisy Valdes • Mamba Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225039573
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.