9650 Green Cypress Ln APT 23-G3Fort 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 9650 Green Cypress Ln APT 23-G3, Fort Myers, FL, 33905 earns $124/mo cash flow from $953/mo rent with a $611/mo payment. Total monthly income totals $953/mo, and annual cash flow totals $1,494/yr on $41,404 capital. ROI tracks 23.52% on current figures, and rental yield reads 9.16% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 122.85% and total cumulative return in cash sums $50,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $953/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No 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: Andrew Lussier • Virtual Florida Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025017437