16269 Coco Hammock Way APT 101Fort 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 16269 Coco Hammock Way APT 101, Fort Myers, FL, 33908 listed at $344,700 pairs $2,836/mo rent with a $1,687/mo payment to leave $54/mo cash flow. Total monthly income runs $2,836/mo, and annual cash flow reaches $646/yr on $114,268 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 9.87% at a $344,700 basis. Equity gained on principal adds $2,224/yr, and annual property appreciation at 5% supports $95,234 by year five. Five-year ROI tracks 108.33% and total cumulative return in cash totals $123,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,836/mo property income relative to a $1,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
5,575 sqft lot
$N/A/sqft
$392 monthly 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: N/A • N/A
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