2999 Willow Ridge CtFort 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
Investment property for sale in Fort Myers at 2999 Willow Ridge Ct, Fort Myers, FL, 33905 listed at $547,700 pairs $3,884/mo rent with a $2,681/mo payment to leave $249/mo cash flow. Total monthly income runs $3,884/mo, and annual cash flow reaches $2,989/yr on $180,193 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 8.51% at a $547,700 basis. Equity gained on principal adds $3,534/yr, and annual property appreciation at 5% supports $151,319 by year five. Five-year ROI tracks 113.13% and total cumulative return in cash totals $203,852. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,884/mo property income relative to a $2,681/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
7,727 sqft 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: George Enguita • Enguita Realty Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025025967