10510 Amiata Way APT 402Fort 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
Investment property for sale in Fort Myers at 10510 Amiata Way APT 402, Fort Myers, FL, 33913 offers a 11.1% rental yield on a $242,500 purchase with $2,243/mo rent. Total monthly income registers $2,243/mo, and a $1,187/mo payment leaves $634/mo available for distribution. Annual cash flow reaches $7,604/yr on $80,389 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $1,565/yr while 5% annual appreciation supports $66,998 over five years. Portfolio math shows five-year ROI at 154.18% and total cumulative return in cash at $123,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,243/mo property income against a $1,187/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
0.26 Acres 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: Billee Silva • Jones & Co Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025002697