13981 Lake Mahogany Blvd APT 2522Fort MyersFL33907
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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 13981 Lake Mahogany Blvd APT 2522, Fort Myers, FL, 33907 earns $409/mo cash flow from $2,731/mo rent with a $1,713/mo payment. Total monthly income totals $2,731/mo, and annual cash flow totals $4,903/yr on $115,992 capital. ROI tracks 24.14% on current figures, and rental yield reads 9.37% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash sums $146,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,731/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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Listed by: Marvell Bradley • Pfeifer Realty Group LLC
Mls Name: Sanibel And Captiva Island AOR
Mls ID: #2250787