11011 Mill Creek Way APT 1306Fort MyersFL33913
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
Investment property for sale in Fort Myers at 11011 Mill Creek Way APT 1306, Fort Myers, FL, 33913 earns $423/mo cash flow from $2,115/mo rent with a $1,248/mo payment. Total monthly income totals $2,115/mo, and annual cash flow totals $5,074/yr on $84,533 capital. ROI tracks 25.91% on current figures, and rental yield reads 9.95% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 135.62% and total cumulative return in cash sums $114,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,115/mo property income instead of your 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy De Mond • Royal Shell Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025025757