168 Siesta LnFort MyersFL33905
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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 168 Siesta Ln, Fort Myers, FL, 33905 at $109,000 posts ROI 45.3% with $764/mo cash flow from $1,794/mo rent. Total monthly income equals $1,794/mo, and annual cash flow records $9,173/yr on $36,134 to close. Return on cash invested measures 45.3% and rental yield reads 19.75% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 243.36% and total cumulative return in cash totals $87,934.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1977
3,920 sqft lot
$N/A/sqft
$2,736 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
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Listed by: Cheryl DeLuca • Raso Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224098423
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.