13081 Lake Meadow DrFort MyersFL33913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 13081 Lake Meadow Dr, Fort Myers, FL, 33913 earns $722/mo cash flow from $4,357/mo rent with a $2,594/mo payment. Total monthly income totals $4,357/mo, and annual cash flow totals $8,670/yr on $174,370 capital. ROI tracks 25.03% on current figures, and rental yield reads 9.86% at a $529,999 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash sums $228,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,357/mo property income instead of your personal income.
Single Family
Built in 1999
6,751 sqft lot
$N/A/sqft
$964 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maribel Sanchez • Florida's Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224075667
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.