5282 Concord WayFort MyersFL33907
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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
Rental property for sale in Fort Myers at 5282 Concord Way, Fort Myers, FL, 33907 generates $2,312/mo in rent and, after a $1,640/mo payment, leaves $89/mo in cash flow. Total monthly income is $2,312/mo, and annual cash flow is $1,062/yr on $111,053 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 8.28% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash sums $120,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,312/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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Listed by: Mariela Lovo Lovo Ol • Coldwell Banker Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025003410