15860 Glendale LnFort MyersFL33912
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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 15860 Glendale Ln, Fort Myers, FL, 33912 earns from $3,540/mo rent with a $7,782/mo payment. Total monthly income totals $3,540/mo. ROI tracks 4.04% on current figures, and rental yield reads 2.67% at a $1,590,000 purchase. Equity gained on principal adds $10,260/yr, and 5% annual appreciation supports $439,288 over five years. Five-year ROI reaches 18.23% and total cumulative return in cash sums $93,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/mo property income instead of your personal income.
Single Family
Built in 2020
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33912, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,254 (100%) |
| Owner Occupied HU | 7,960 (60.1%) |
| Renter Occupied HU | 2,220 (16.7%) |
| Vacant Housing Units | 3,074 (23.2%) |
| Median Home Value | $488,563 |
| Average Home Value | $541,601 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
9,150
Multi-Family
2,596
Businesses
1,257
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Listed by: Jandy Wade • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls ID: #225048642