3376 Meloy DrFort 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
Rental property for sale in Fort Myers at 3376 Meloy Dr, Fort Myers, FL, 33905 generates $2,100/mo in rent, after a $1,845/mo payment. Total monthly income is $2,100/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 6.69% on a $376,900 entry. Equity gained on principal adds $2,432/yr, while 5% annual appreciation builds toward $104,131 over five years. Five-year ROI reaches 82.77% and total cumulative return in cash sums $103,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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: N/A • GL HOMES
Mls Name: GL Homes
Mls Provider:
Mls ID: #N/A