11019 Mill Creek Way APT 901Fort 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 11019 Mill Creek Way APT 901, Fort Myers, FL, 33913 listed at $339,900 pairs $2,351/mo rent with a $1,664/mo payment to leave $95/mo cash flow. Total monthly income runs $2,351/mo, and annual cash flow reaches $1,140/yr on $112,677 cash to close. Return on cash invested measures 20.92% in year one, and rental yield registers 8.3% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 108.89% and total cumulative return in cash totals $122,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,351/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
8,494 sqft 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: Tiffany Packard • Miloff Aubuchon Realty Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025017667