121 Pinebrook DrFort MyersFL33907
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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 121 Pinebrook Dr, Fort Myers, FL, 33907 offers $2,851/mo rent that, after a $1,774/mo payment, leaves $446/mo cash flow. Total monthly income is $2,851/mo, and annual cash flow is $5,350/yr on $120,136 cash. Return on cash invested measures 24.36% in year one, and rental yield stands at 9.44% at a $362,400 entry. Equity gained on principal adds $2,339/yr while 5% annual appreciation compounds into $100,124 by year five. Five-year ROI records 127.31% and total cumulative return in cash reaches $152,947. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,851/mo property income versus a $1,774/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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Listed by: Todd Swaney • Florida Realty
Mls Name: BHHS broker feed
Mls ID: #223067417