3204 Royal Gardens AveFort 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 3204 Royal Gardens Ave, Fort Myers, FL, 33916 listed at $439,800 pairs $4,320/mo rent with a $2,153/mo payment to leave $1,401/mo cash flow. Total monthly income runs $4,320/mo, and annual cash flow reaches $16,812/yr on $145,794 cash to close. Return on cash invested measures 31.44% in year one, and rental yield registers 11.79% at a $439,800 basis. Equity gained on principal adds $2,838/yr, and annual property appreciation at 5% supports $121,509 by year five. Five-year ROI tracks 165.3% and total cumulative return in cash totals $240,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,320/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
7,792 sqft lot
$N/A/sqft
No 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: Kevin Delaini • DomainRealty.com LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025023728