5316 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
Investment property for sale in Fort Myers at 5316 Concord Way, Fort Myers, FL, 33907 with 5% annual appreciation on a $277,000 basis while $2,629/mo rent supports operations. Total monthly income totals $2,629/mo and a $1,356/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,827/yr on $91,826 deployed, and return on cash invested reaches 22.99% in year one. Equity gained on principal adds $1,787/yr, and five-year appreciation sums $76,530 alongside rental yield of 11.39%. Five-year ROI measures 122.58% and total cumulative return in cash totals $112,563.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,629/mo property income versus a $1,356/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1986
5,545 sqft lot
$N/A/sqft
$6,660 annually 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: Lynn Cantisano • Starlink Realty, Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224100986
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.