Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Myers at 9380 Lennex Ln APT 709, Fort Myers, FL, 33919 uses $46,045 cash to close to unlock $5,233/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $680/mo payment keeps the spread at $436/mo. Purchase price stands at $138,900, and rental yield measures 15.4% with $1,783/mo rent. Return on cash invested shows 31.27% in year one, and 5% annual appreciation builds toward $38,376 over five years. Five-year ROI reaches 168.49% and total cumulative return in cash records $77,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $680/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$5,100 annually HOA
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Price change | $138,900 |
| 2024-10-13 | Price change | $142,500 |
| 2024-09-10 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $321.76 | -14.08% | $47,427 | 3.00% |
| 2022-12-26 | $374.50 | 2.65% | $46,046 | 3.00% |
| 2021-12-26 | $364.82 | 1.90% | $44,705 | 1.40% |
Listed by: Laura Young • Sea Winds Realty Of Sw Fl Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224041642
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.
