10470 Casella WAY #101Fort 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 10470 Casella WAY #101, Fort Myers, FL, 33913 generates $3,124/mo in rent, after a $2,570/mo payment. Total monthly income is $3,124/mo. Return on cash invested sits at 9.22% in year one, and rental yield is 7.14% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 49.14% and total cumulative return in cash sums $84,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,124/mo property income rather than buyer’s personal income.
Condo
Built in 2016
6,538 sqft lot
$N/A/sqft
$11,948 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: Nicholas Alexander • Robert Slack LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225068637
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.