10118 Colonial Country Club Blvd APT 407Fort 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 10118 Colonial Country Club Blvd APT 407, Fort Myers, FL, 33913 generates $3,678/mo in rent and, after a $1,120/mo payment, leaves $2,159/mo in cash flow. Total monthly income is $3,678/mo, and annual cash flow is $25,912/yr on $75,880 invested. Return on cash invested sits at 54.06% in year one, and rental yield is 19.28% on a $228,900 entry. Equity gained on principal adds $1,477/yr, while 5% annual appreciation builds toward $63,241 over five years. Five-year ROI reaches 286.6% and total cumulative return in cash sums $217,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,678/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #224070361