3646 Pine Oak Cir APT 105Fort 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 3646 Pine Oak Cir APT 105, Fort Myers, FL, 33916 earns $304/mo cash flow from $1,564/mo rent with a $929/mo payment. Total monthly income totals $1,564/mo, and annual cash flow totals $3,651/yr on $62,952 capital. ROI tracks 25.71% on current figures, and rental yield reads 9.88% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash sums $84,725. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,564/mo property income instead of your personal income.
Townhouse
Built in 2005
1,001 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: Jose Carreras • VIP Realty Group Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000114