273 Valencia 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
Rental property for sale in Fort Myers at 273 Valencia Dr, Fort Myers, FL, 33905 priced at $128,500 pairs $1,004/mo rent with $151/mo cash flow after a $629/mo payment. Total monthly income equals $1,004/mo, and annual cash flow comes to $1,814/yr on $42,598 invested. Return on cash invested is 24.17% in year one, and rental yield stands at 9.38% on a $128,500 basis. Equity gained on principal adds $829/yr, and 5% annual appreciation accumulates to $35,502 by year five. Five-year ROI measures 126.37% and total cumulative return in cash reaches $53,832. For financing, Ziffy Mortgage’s DSCR program evaluates $1,004/mo property income against a $629/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1974
N/A 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: Tracy Bostelman • BAREFOOT REALTY GROUP
Mls Name: NY State MLS
Mls ID: #11616649