5501 Harbour Castle DrFort 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 5501 Harbour Castle Dr, Fort Myers, FL, 33907 earns $885/mo cash flow from $4,013/mo rent with a $2,178/mo payment. Total monthly income totals $4,013/mo, and annual cash flow totals $10,620/yr on $147,518 capital. ROI tracks 27.11% on current figures, and rental yield reads 10.82% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 142.53% and total cumulative return in cash sums $210,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,013/mo property income instead of your personal income.
Single Family
Built in 1995
3,789 sqft lot
$N/A/sqft
$2,100 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: Taylor Newman • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224068620
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.