16051 Amberwood Lake Ct APT 4Fort 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
Rental property for sale in Fort Myers at 16051 Amberwood Lake Ct APT 4, Fort Myers, FL, 33908 generates $1,467/mo in rent and, after a $929/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,467/mo, and annual cash flow is $2,487/yr on $62,952 invested. Return on cash invested sits at 23.86% in year one, and rental yield is 9.27% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash sums $78,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,467/mo property income rather than buyer’s personal income.
Condo
Built in 1986
2,317 sqft lot
$N/A/sqft
No 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: Juan Munoz Venegas • Kaplan Pro Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025003525