1667 Park Meadows Dr APT 2Fort MyersFL33907
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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 1667 Park Meadows Dr APT 2, Fort Myers, FL, 33907 earns $362/mo cash flow from $2,030/mo rent with a $1,101/mo payment. Total monthly income totals $2,030/mo, and annual cash flow totals $4,346/yr on $74,587 capital. ROI tracks 25.74% on current figures, and rental yield reads 10.83% at a $224,999 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 135.75% and total cumulative return in cash sums $101,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,030/mo property income instead of your personal income.
Townhouse
Built in 1980
958.32 sqft lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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Listed by: Christopher Yeomans • McBride Kelly & Associates LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225015119
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.