238 Blackstone DrFort MyersFL33913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 238 Blackstone Dr, Fort Myers, FL, 33913 with 5% annual appreciation on a $389,000 basis while $3,361/mo rent supports operations. Total monthly income totals $3,361/mo and a $1,904/mo payment preserves $779/mo for cash returns. Annual cash flow comes to $9,354/yr on $128,954 deployed, and return on cash invested reaches 27.16% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 10.37%. Five-year ROI measures 142.34% and total cumulative return in cash totals $183,546.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,361/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Carpenter, Jr. • STRATEGIC LAND SALES
Mls Name: Stellar MLS
Mls ID: #TB8343342