4976 Howard StFort MyersFL33905
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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 4976 Howard St, Fort Myers, FL, 33905 uses $69,284 cash to close to unlock $792/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $1,023/mo payment keeps the spread at $66/mo. Purchase price stands at $209,000, and rental yield measures 8.34% with $1,453/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 109.53% and total cumulative return in cash records $75,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1964
9,147 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
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Listed by: Judy Lock Caballero • Zivkovic & Associates
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025012634