12581 Kelly Sands Way APT 504Fort 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 12581 Kelly Sands Way APT 504, Fort Myers, FL, 33908 offers a 19.42% rental yield on a $171,000 purchase with $2,768/mo rent. Total monthly income registers $2,768/mo, and a $837/mo payment leaves $838/mo available for distribution. Annual cash flow reaches $10,053/yr on $56,687 to close, and return on cash invested stands at 37.64% in year one. Equity gained on principal adds $1,103/yr while 5% annual appreciation supports $47,244 over five years. Portfolio math shows five-year ROI at 204.64% and total cumulative return in cash at $116,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,768/mo property income against a $837/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
0.33 Acres lot
$N/A/sqft
$2,202 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: Janet Vari • Brighton Realty & Management L
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025014918
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.