2745 1st St APT 1006Fort MyersFL33916
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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 2745 1st St APT 1006, Fort Myers, FL, 33916 earns from $2,635/mo rent with a $2,340/mo payment. Total monthly income totals $2,635/mo. ROI tracks 5.4% on current figures, and rental yield reads 6.62% at a $478,000 purchase. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,063 over five years. Five-year ROI reaches 29.43% and total cumulative return in cash sums $46,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,635/mo property income instead of your personal income.
Condo
Built in 2007
0.67 Acres lot
$N/A/sqft
$14,212 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33916, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,222 (100%) |
| Owner Occupied HU | 4,285 (30.1%) |
| Renter Occupied HU | 7,966 (56.0%) |
| Vacant Housing Units | 1,971 (13.9%) |
| Median Home Value | $259,163 |
| Average Home Value | $313,318 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
7,873
Multi-Family
4,387
Businesses
820
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Listed by: Denny Grimes • Keller Williams Realty Naples
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224105063
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.