14829 Palamos CirFort 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 14829 Palamos Cir, Fort Myers, FL, 33905 uses $156,550 cash to close to unlock $71,938/yr annual cash flow and $5,995/mo monthly cash flow. Total monthly income runs $9,398/mo, and a $2,311/mo payment keeps the spread at $5,995/mo. Purchase price stands at $472,247, and rental yield measures 23.88% with $9,398/mo rent. Return on cash invested shows 65.86% in year one, and 5% annual appreciation builds toward $130,473 over five years. Five-year ROI reaches 350.58% and total cumulative return in cash records $548,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,398/mo property income covering a $2,311/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,048 sqft lot
$N/A/sqft
$3,236 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
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Listed by: Dave Meyers • Lennar Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224072409
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.