10081 Willowood DRFort MyersFL33905
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
Rental property for sale in Fort Myers at 10081 Willowood DR, Fort Myers, FL, 33905 priced at $199,900 converts $1,817/mo rent into $491/mo cash flow after a $978/mo obligation. Total monthly income equals $1,817/mo, and annual cash flow totals $5,890/yr on $66,267 invested. Return on cash invested prints 28.8% in year one, and rental yield reads 10.91% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 151.1% and total cumulative return in cash sums $100,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,817/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 2013
4,312 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Bartlett • Knowledge Base Real Estate
Mls Name: SWFLMLS
Mls ID: #225066252