2264 Winkler Ave APT 311Fort MyersFL33901
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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 2264 Winkler Ave APT 311, Fort Myers, FL, 33901 uses $46,377 cash to close to unlock $5,312/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $1,811/mo, and a $685/mo payment keeps the spread at $443/mo. Purchase price stands at $139,900, and rental yield measures 15.53% with $1,811/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 169% and total cumulative return in cash records $78,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,811/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$5,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
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Listed by: Ruth Elaine Jett • Fort Myers Beach Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224089802
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.