3572 Celestial WayFort MyersFL33903
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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 3572 Celestial Way, Fort Myers, FL, 33903 uses $42,730 cash to close to unlock $15,798/yr annual cash flow and $1,317/mo monthly cash flow. Total monthly income runs $2,386/mo, and a $631/mo payment keeps the spread at $1,317/mo. Purchase price stands at $128,900, and rental yield measures 22.21% with $2,386/mo rent. Return on cash invested shows 56.88% in year one, and 5% annual appreciation builds toward $35,613 over five years. Five-year ROI reaches 303.93% and total cumulative return in cash records $129,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,386/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
4,573 sqft lot
$N/A/sqft
$2,568 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: Joe LaDuca • Century 21 Selling Paradise
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224094541
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.