4121 Residence DR #323Fort 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
Investment property for sale in Fort Myers at 4121 Residence DR #323, Fort Myers, FL, 33901 earns $141/mo cash flow from $1,152/mo rent with a $746/mo payment. Total monthly income totals $1,152/mo, and annual cash flow totals $1,688/yr on $50,504 capital. ROI tracks 23.25% on current figures, and rental yield reads 9.07% at a $152,350 purchase. Equity gained on principal adds $983/yr, and 5% annual appreciation supports $42,092 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash sums $61,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,152/mo property income instead of your personal income.
Condo
Built in 2005
8,450 sqft 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: Rebecca Brady • Realty One Group MVP
Mls Name: SWFLMLS
Mls ID: #225085085