4109 Residence Dr APT 519Fort 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 4109 Residence Dr APT 519, Fort Myers, FL, 33901 generates $1,564/mo in rent and, after a $722/mo payment, leaves $481/mo in cash flow. Total monthly income is $1,564/mo, and annual cash flow is $5,768/yr on $48,929 invested. Return on cash invested sits at 31.7% in year one, and rental yield is 12.72% on a $147,600 entry. Equity gained on principal adds $952/yr, while 5% annual appreciation builds toward $40,779 over five years. Five-year ROI reaches 167.6% and total cumulative return in cash sums $82,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,564/mo property income rather than buyer’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A