4154 Castilla Cir APT 204Fort 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 4154 Castilla Cir APT 204, Fort Myers, FL, 33916 earns $1,168/mo cash flow from $2,051/mo rent with a $651/mo payment. Total monthly income totals $2,051/mo, and annual cash flow totals $14,020/yr on $44,090 capital. ROI tracks 51.71% on current figures, and rental yield reads 18.51% at a $133,000 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,745 over five years. Five-year ROI reaches 274.04% and total cumulative return in cash sums $120,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,051/mo property income instead of your personal income.
Condo
Built in 2007
7,309 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: Pam Dickinson • Coldwell Banker Preferred Properties
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225057033