9050 Old Hickory CirFort 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
Rental property for sale in Fort Myers at 9050 Old Hickory Cir, Fort Myers, FL, 33912 generates $4,165/mo in rent and, after a $2,203/mo payment, leaves $173/mo in cash flow. Total monthly income is $4,165/mo, and annual cash flow is $2,078/yr on $149,175 invested. Return on cash invested sits at 21.3% in year one, and rental yield is 11.11% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 113.85% and total cumulative return in cash sums $169,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,165/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7,557 sqft lot
$N/A/sqft
$854 monthly 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: Geri Benson • Berkshire Hathaway Florida
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #223061436
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.