9610 Green Cypress Ln APT 15Fort MyersFL33905
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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 9610 Green Cypress Ln APT 15, Fort Myers, FL, 33905 listed at $151,500 pairs $2,935/mo rent with a $742/mo payment to leave $1,453/mo cash flow. Total monthly income runs $2,935/mo, and annual cash flow reaches $17,438/yr on $50,222 cash to close. Return on cash invested measures 54.63% in year one, and rental yield registers 23.25% at a $151,500 basis. Equity gained on principal adds $978/yr, and annual property appreciation at 5% supports $41,857 by year five. Five-year ROI tracks 293.84% and total cumulative return in cash totals $147,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,935/mo property income relative to a $742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$5,204 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
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Listed by: Bonnie Chase • Keller Williams Realty Fort Myers and the Islands
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224048947
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.