11581 Timber Creek Dr #TGRNVXFort 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 11581 Timber Creek Dr #TGRNVX, Fort Myers, FL, 33913 offers a 14.14% rental yield on a $513,200 purchase with $6,049/mo rent. Total monthly income registers $6,049/mo, and a $2,512/mo payment leaves $2,643/mo available for distribution. Annual cash flow reaches $31,718/yr on $168,843 to close, and return on cash invested stands at 38.85% in year one. Equity gained on principal adds $3,312/yr while 5% annual appreciation supports $141,788 over five years. Portfolio math shows five-year ROI at 204.97% and total cumulative return in cash at $346,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,049/mo property income against a $2,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A