2236 River Pine DRFort 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 2236 River Pine DR, Fort Myers, FL, 33905 uses $95,107 cash to close to unlock $1,000/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,987/mo, and a $1,404/mo payment keeps the spread at $83/mo. Purchase price stands at $286,900, and rental yield measures 8.31% with $1,987/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $79,265 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash records $103,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,404/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.52 Acres lot
$N/A/sqft
No 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: Scott Fader • Joseph Walter Realty LLC
Mls Name: SWFLMLS
Mls ID: #225082610