3371 Alouette CIR #2Fort MyersFL33907
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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 3371 Alouette CIR #2, Fort Myers, FL, 33907 priced at $145,999 pairs $1,144/mo rent with $175/mo cash flow after a $715/mo payment. Total monthly income equals $1,144/mo, and annual cash flow comes to $2,097/yr on $48,399 invested. Return on cash invested is 24.24% in year one, and rental yield stands at 9.4% on a $145,999 basis. Equity gained on principal adds $942/yr, and 5% annual appreciation accumulates to $40,337 by year five. Five-year ROI measures 126.67% and total cumulative return in cash reaches $61,306. For financing, Ziffy Mortgage’s DSCR program evaluates $1,144/mo property income against a $715/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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Listed by: Felipe Miranda, PA • William Raveis Real Estate
Mls Name: SWFLMLS
Mls ID: #225076847