11716 Mahogany RunFort 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 11716 Mahogany Run, Fort Myers, FL, 33913 priced at $537,000 converts $3,558/mo rent into after a $2,628/mo obligation. Total monthly income equals $3,558/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 7.95% against a $537,000 entry. Equity gained on principal adds $3,465/yr, while 5% annual appreciation compiles into $148,363 by year five. Five-year ROI reaches 95.94% and total cumulative return in cash sums $169,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,558/mo property income covering a $2,628/mo payment, not borrower’s personal income.
Single Family
Built in 2000
9,732 sqft lot
$N/A/sqft
$94 monthly 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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Nearby investment properties with comparable prices
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