9640 Sugarmill Springs DrFort 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
Rental property for sale in Fort Myers at 9640 Sugarmill Springs Dr, Fort Myers, FL, 33905 generates $2,097/mo in rent and, after a $1,027/mo payment, leaves $542/mo in cash flow. Total monthly income is $2,097/mo, and annual cash flow is $6,500/yr on $69,582 invested. Return on cash invested sits at 29.25% in year one, and rental yield is 11.99% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 154.53% and total cumulative return in cash sums $107,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,097/mo property income rather than buyer’s personal income.
Condo
Built in 2006
5,183 sqft lot
$N/A/sqft
$1,680 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: Kristen Scarsellato • Schooner Bay Realty, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225039027
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.