17287 Timber Oak LnFort 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 17287 Timber Oak Ln, Fort Myers, FL, 33908 uses $62,985 cash to close to unlock $4,561/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $1,641/mo, and a $930/mo payment keeps the spread at $380/mo. Purchase price stands at $190,000, and rental yield measures 10.36% with $1,641/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 142.32% and total cumulative return in cash records $89,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,641/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1981
1,437 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: Chris Blondin • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls ID: #225062517