5017 White Sky CirFort MyersFL33908
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
Rental property for sale in Fort Myers at 5017 White Sky Cir, Fort Myers, FL, 33908 priced at $159,900 pairs $1,320/mo rent with $52/mo cash flow after a $783/mo payment. Total monthly income equals $1,320/mo, and annual cash flow comes to $622/yr on $53,007 invested. Return on cash invested is 21.08% in year one, and rental yield stands at 9.91% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 111.44% and total cumulative return in cash reaches $59,070. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
4,007 sqft lot
$N/A/sqft
$2,480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Hawley • Hawley Properties, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225034655
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.