14828 Palamos CirFort MyersFL33905
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 14828 Palamos Cir, Fort Myers, FL, 33905 uses $132,600 cash to close to unlock $236/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $1,958/mo payment keeps the spread at $20/mo. Purchase price stands at $399,999, and rental yield measures 8.85% with $2,951/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash records $139,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,490 sqft lot
$N/A/sqft
$3,320 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Meyers • Lennar Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225044953
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.