11821 Venetian Lagoon Dr UNIT 203Fort 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 11821 Venetian Lagoon Dr UNIT 203, Fort Myers, FL, 33913 listed at $411,250 pairs $3,753/mo rent with a $2,013/mo payment to leave $303/mo cash flow. Total monthly income runs $3,753/mo, and annual cash flow reaches $3,641/yr on $136,329 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 10.95% at a $411,250 basis. Equity gained on principal adds $2,654/yr, and annual property appreciation at 5% supports $113,621 by year five. Five-year ROI tracks 120.06% and total cumulative return in cash totals $163,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,753/mo property income relative to a $2,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
5,793 sqft lot
$N/A/sqft
$8,644 annually 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: Michelle Campbell • Taylor Morrison Realty of FL
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225016911
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.