4105 Residence Dr APT 718Fort MyersFL33901
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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 4105 Residence Dr APT 718, Fort Myers, FL, 33901 generates $1,726/mo in rent, after a $1,037/mo payment. Total monthly income is $1,726/mo. Return on cash invested sits at 19.26% in year one, and rental yield is 9.77% on a $211,900 entry. Equity gained on principal adds $1,367/yr, while 5% annual appreciation builds toward $58,544 over five years. Five-year ROI reaches 102.24% and total cumulative return in cash sums $71,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,726/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$3,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
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Listed by: Jack Rynkiewicz • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224083880
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.