9938 Horse Creek RdFort MyersFL33913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9938 Horse Creek Rd, Fort Myers, FL, 33913 uses $145,827 cash to close to unlock $8,866/yr annual cash flow and $739/mo monthly cash flow. Total monthly income runs $3,658/mo, and a $2,153/mo payment keeps the spread at $739/mo. Purchase price stands at $439,900, and rental yield measures 9.98% with $3,658/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash records $198,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,229 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rob Keller • Berkshire Hathaway Florida
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025022533