15210 Portside Dr APT 501Fort MyersFL33908
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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 15210 Portside Dr APT 501, Fort Myers, FL, 33908 offers a 5.31% rental yield on a $949,888 purchase with $4,205/mo rent. 19% in year one. Equity gained on principal adds $6,129/yr while 5% annual appreciation supports $262,437 over five years. Portfolio math shows five-year ROI at 46.93% and total cumulative return in cash at $146,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,205/mo property income against a $4,649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
0.26 Acres lot
$N/A/sqft
$8,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
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Listed by: Cindy Cyrus • Compass Florida LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224082390
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.