13538 Island RdFort MyersFL33905
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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 13538 Island Rd, Fort Myers, FL, 33905 earns $1,156/mo cash flow from $4,950/mo rent with a $2,777/mo payment. Total monthly income totals $4,950/mo, and annual cash flow totals $13,876/yr on $186,682 capital. ROI tracks 27.49% on current figures, and rental yield reads 10.47% at a $567,421 purchase. Equity gained on principal adds $3,661/yr, and 5% annual appreciation supports $156,768 over five years. Five-year ROI reaches 144.15% and total cumulative return in cash sums $269,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,950/mo property income instead of your personal income.
Single Family
Built in 2017
0.47 Acres lot
$N/A/sqft
Has HOA fee HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
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