263 Lisette StFort MyersFL33913
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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 263 Lisette St, Fort Myers, FL, 33913 offers $2,468/mo rent that, after a $1,781/mo payment, leaves $53/mo cash flow. Total monthly income is $2,468/mo, and annual cash flow is $639/yr on $120,633 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 8.14% at a $363,900 entry. Equity gained on principal adds $2,348/yr while 5% annual appreciation compounds into $100,539 by year five. Five-year ROI records 106.29% and total cumulative return in cash reaches $128,218. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,468/mo property income versus a $1,781/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.26 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
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Listed by: Gayle Van Wagenen • LGI Realty- Florida, LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #224070223