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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 20+ datapoints.

Fort Myers, FL Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4%

Avg Cash on Cash

-10.3%

Median Cashflow

-$780/mo

Avg Rent Estimate

$2,860/mo

Avg Price

$453,670

Price Range

$225,000 - $664,600

Rent to Price

0.63%

low ratio

Positive Cashflow

9%

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%, 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 20+ analyzed properties, the median monthly cashflow in Fort Myers, FL is -$780 with average rents of $2,860/month. Properties range from $225,000 to $664,600, offering entry points across multiple investment budgets.

12341 McGregor Palms Dr, Fort Myers, FL 33908

Price

$708,600

Rent

$4,228

CachFlow

-$1,518

CoC

-12.24

Full Analysis

9064 Hamlin Rd W, Fort Myers, FL 33967

Price

$297,900

Rent

$2,061

CachFlow

-$324

CoC

-6.21

Full Analysis

14619 Blue Bay CIR, Fort Myers, FL 33913

Price

$902,900

Rent

$5,952

CachFlow

-$2,070

CoC

-13.1

Full Analysis

19184 Pine Run LN, Fort Myers, FL 33967

Price

$450,900

Rent

$2,313

CachFlow

-$833

CoC

-10.56

Full Analysis

12459 Kentwood Ave, Fort Myers, FL 33913

Price

$595,000

Rent

$2,930

CachFlow

-$1,829

CoC

-17.57

Full Analysis
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Fort Myers, FL Rental Market Insights

  • Median cashflow is -$780/month — careful deal selection is essential here
  • 4% median cap rate is typical of appreciation-focused markets
  • At 9% positive cashflow rate, Fort Myers, FL requires selective property picks
  • Mid-to-upper tier market with properties from $225,000 to $664,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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