1350 Burtwood DrFort MyersFL33901
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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 1350 Burtwood Dr, Fort Myers, FL, 33901 priced at $372,000 converts $3,706/mo rent into $1,237/mo cash flow after a $1,821/mo obligation. Total monthly income equals $3,706/mo, and annual cash flow totals $14,845/yr on $123,318 invested. Return on cash invested prints 31.95% in year one, and rental yield reads 11.95% against a $372,000 entry. Equity gained on principal adds $2,400/yr, while 5% annual appreciation compiles into $102,777 by year five. Five-year ROI reaches 168.02% and total cumulative return in cash sums $207,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,706/mo property income covering a $1,821/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
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Listed by: Tara Molloy • Riverside Realty Group, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225045406
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.