4096 Wilmont PLFort 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
Rental property for sale in Fort Myers at 4096 Wilmont PL, Fort Myers, FL, 33916 priced at $338,900 converts $2,520/mo rent into $271/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $3,249/yr on $112,345 invested. Return on cash invested prints 22.8% in year one, and rental yield reads 8.92% against a $338,900 entry. Equity gained on principal adds $2,187/yr, while 5% annual appreciation compiles into $93,632 by year five. Five-year ROI reaches 118.93% and total cumulative return in cash sums $133,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Townhouse
Built in 2016
3,179 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: Terri L Stojanoff • Keller Williams Elite Realty
Mls Name: SWFLMLS
Mls ID: #225051335