2230 Aldridge AveFort 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
Rental property for sale in Fort Myers at 2230 Aldridge Ave, Fort Myers, FL, 33907 generates $2,515/mo in rent, after a $1,884/mo payment. Total monthly income is $2,515/mo. Return on cash invested sits at 19.54% in year one, and rental yield is 7.84% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 101.44% and total cumulative return in cash sums $129,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,515/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No 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: Tanner Miller • Pfeifer Realty Group LLC
Mls Name: Sanibel And Captiva Island AOR
Mls ID: #2260050