2828 Jackson St APT I1Fort 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
Rental property for sale in Fort Myers at 2828 Jackson St APT I1, Fort Myers, FL, 33901 priced at $135,000 pairs $1,081/mo rent with $185/mo cash flow after a $661/mo payment. Total monthly income equals $1,081/mo, and annual cash flow comes to $2,218/yr on $44,753 invested. Return on cash invested is 24.87% in year one, and rental yield stands at 9.61% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 130.02% and total cumulative return in cash reaches $58,189. For financing, Ziffy Mortgage’s DSCR program evaluates $1,081/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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: Judith New • RE/MAX Realty Team
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025020636