9603 Hemingway Ln APT 4006Fort MyersFL33913
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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 9603 Hemingway Ln APT 4006, Fort Myers, FL, 33913 listed at $206,800 pairs $1,567/mo rent with a $1,012/mo payment to leave $18/mo cash flow. Total monthly income runs $1,567/mo, and annual cash flow reaches $218/yr on $68,554 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 9.09% at a $206,800 basis. Equity gained on principal adds $1,334/yr, and annual property appreciation at 5% supports $57,135 by year five. Five-year ROI tracks 106.31% and total cumulative return in cash totals $72,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,567/mo property income relative to a $1,012/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #224102294