101 Fairview AveFort MyersFL33905
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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 101 Fairview Ave, Fort Myers, FL, 33905 listed at $1,800,000 pairs $5,880/mo rent with a $8,810/mo payment. Total monthly income runs $5,880/mo. Return on cash invested measures 7.89% in year one, and rental yield registers 3.92% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 38.89% and total cumulative return in cash totals $226,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,880/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.51 Acres 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
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Listed by: James Bennett • Florida Capital Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025011580