10 Banza Ct #461Fort MyersFL33912
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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 10 Banza Ct #461, Fort Myers, FL, 33912 listed at $100,000 pairs $752/mo rent with a $489/mo payment to leave $89/mo cash flow. Total monthly income runs $752/mo, and annual cash flow reaches $1,066/yr on $33,150 cash to close. Return on cash invested measures 23.12% in year one, and rental yield registers 9.02% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 120.7% and total cumulative return in cash totals $40,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $752/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33912, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,254 (100%) |
| Owner Occupied HU | 7,960 (60.1%) |
| Renter Occupied HU | 2,220 (16.7%) |
| Vacant Housing Units | 3,074 (23.2%) |
| Median Home Value | $488,563 |
| Average Home Value | $541,601 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
9,150
Multi-Family
2,596
Businesses
1,257
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Listed by: Sandra Bergman • Cove Communities
Mls Name: My State MLS
Mls ID: #11605128