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REI Lense

Fort Myers, FL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Fort Myers, FL. Based on 30+ datapoints.

Fort Myers, FL Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-9.2%

Median Cashflow

-$595/mo

Avg Rent Estimate

$3,124/mo

Avg Price

$454,200

Price Range

$214,000 - $708,600

Rent to Price

0.69%

low ratio

Positive Cashflow

12%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Fort Myers, FL

Fort Myers, FL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 30+ analyzed properties, the median monthly cashflow in Fort Myers, FL is -$595 with average rents of $3,124/month. Properties range from $214,000 to $708,600, offering entry points across multiple investment budgets.

1507 Tredegar Dr, Fort Myers, FL 33919

Price

$348,900

Rent

$3,026

CachFlow

$237

CoC

3.88

Full Analysis

9663 Blue Stone Cir, Fort Myers, FL 33913

Price

$340,600

Rent

$3,471

CachFlow

-$167

CoC

-2.8

Full Analysis

8091 San Carlos BLVD, Fort Myers, FL 33967

Price

$319,900

Rent

$1,948

CachFlow

-$307

CoC

-5.48

Full Analysis

4462 E Riverside Dr, Fort Myers, FL 33905

Price

$226,200

Rent

$1,847

CachFlow

-$16

CoC

-0.4

Full Analysis

9314 Bexley DR, Fort Myers, FL 33967

Price

$473,200

Rent

$2,556

CachFlow

-$1,270

CoC

-15.34

Full Analysis
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Fort Myers, FL Rental Market Insights

  • Median cashflow is -$595/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 12% positive cashflow rate, Fort Myers, FL requires selective property picks
  • Mid-to-upper tier market with properties from $214,000 to $708,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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