10011 Sky View Way APT 1802Fort MyersFL33913
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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
Rental property for sale in Fort Myers at 10011 Sky View Way APT 1802, Fort Myers, FL, 33913 generates $7,374/mo in rent and, after a $1,632/mo payment, leaves $4,082/mo in cash flow. Total monthly income is $7,374/mo, and annual cash flow is $48,981/yr on $110,555 invested. Return on cash invested sits at 64.21% in year one, and rental yield is 26.53% on a $333,500 entry. Equity gained on principal adds $2,152/yr, while 5% annual appreciation builds toward $92,140 over five years. Five-year ROI reaches 345.26% and total cumulative return in cash sums $381,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,374/mo property income rather than buyer’s personal income.
Condo
Built in 2004
10,293 sqft lot
$N/A/sqft
$10,335 annually 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
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Listed by: Jen Moretti • RE/MAX Realty Team
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225052455
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.