1356 Floral DrFort MyersFL33916
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 1356 Floral Dr, Fort Myers, FL, 33916 earns $150/mo cash flow from $2,099/mo rent with a $1,396/mo payment. Total monthly income totals $2,099/mo, and annual cash flow totals $1,797/yr on $94,544 capital. ROI tracks 21.81% on current figures, and rental yield reads 8.83% at a $285,200 purchase. Equity gained on principal adds $1,840/yr, and 5% annual appreciation supports $78,796 over five years. Five-year ROI reaches 113.89% and total cumulative return in cash sums $107,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,099/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33916, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,222 (100%) |
| Owner Occupied HU | 4,285 (30.1%) |
| Renter Occupied HU | 7,966 (56.0%) |
| Vacant Housing Units | 1,971 (13.9%) |
| Median Home Value | $259,163 |
| Average Home Value | $313,318 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
7,873
Multi-Family
4,387
Businesses
820
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A