12181 Kelly Sands Way APT 1557Fort MyersFL33908
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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 12181 Kelly Sands Way APT 1557, Fort Myers, FL, 33908 earns $2,374/mo cash flow from $4,146/mo rent with a $969/mo payment. Total monthly income totals $4,146/mo, and annual cash flow totals $28,486/yr on $65,637 capital. ROI tracks 63.31% on current figures, and rental yield reads 25.13% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 339.2% and total cumulative return in cash sums $222,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,146/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$1,375 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
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Listed by: Bob C Berning • VIP Realty Sanibel and Captiva
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2240679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.