4681 Lakeside Club Blvd APT 1Fort MyersFL33905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4681 Lakeside Club Blvd APT 1, Fort Myers, FL, 33905 at $225,000 posts ROI 25.57% with $352/mo cash flow from $1,845/mo rent. Total monthly income equals $1,845/mo, and annual cash flow records $4,225/yr on $74,588 to close. Return on cash invested measures 25.57% and rental yield reads 9.84% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 133.87% and total cumulative return in cash totals $99,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
9,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Koleno • Beycome of Florida LLC
Mls Name: SWFLMLS
Mls ID: #224018181