211 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
Rental property for sale in Fort Myers at 211 Charlotte Ave, Fort Myers, FL, 33916 priced at $335,000 converts $1,459/mo rent into after a $1,640/mo obligation. Total monthly income equals $1,459/mo. Return on cash invested prints 11.65% in year one, and rental yield reads 5.23% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 59.15% and total cumulative return in cash sums $65,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,459/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 2026
10,541 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: Antonio Cristobal • Real Estate Sales Force
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026002277