210 Charlotte AveFort MyersFL33916
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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 210 Charlotte Ave, Fort Myers, FL, 33916 at $279,900 posts ROI 12.61% with from $1,293/mo rent. Total monthly income equals $1,293/mo. Return on cash invested measures 12.61% and rental yield reads 5.54% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 64.3% and total cumulative return in cash totals $59,665. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,293/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1984
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33916, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,222 (100%) |
| Owner Occupied HU | 4,285 (30.1%) |
| Renter Occupied HU | 7,966 (56.0%) |
| Vacant Housing Units | 1,971 (13.9%) |
| Median Home Value | $259,163 |
| Average Home Value | $313,318 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
7,873
Multi-Family
4,387
Businesses
820
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Listed by: David Mulligan • Realty World-C Bagans 1st
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025025586