2248 Harvard 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
Investment property for sale in Fort Myers at 2248 Harvard Ave, Fort Myers, FL, 33907 at $349,900 posts ROI 20.72% with $79/mo cash flow from $2,401/mo rent. Total monthly income equals $2,401/mo, and annual cash flow records $943/yr on $115,992 to close. Return on cash invested measures 20.72% and rental yield reads 8.23% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 107.8% and total cumulative return in cash totals $125,034.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,401/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
9,757 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: Samantha Bagdasarian • Gulf Pointe Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224086477
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.