5558 Palm Beach Blvd Lot 436Fort 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 5558 Palm Beach Blvd Lot 436, Fort Myers, FL, 33905 uses $33,150 cash to close to unlock $12,454/yr annual cash flow and $1,038/mo monthly cash flow. Total monthly income runs $1,701/mo, and a $489/mo payment keeps the spread at $1,038/mo. Purchase price stands at $100,000, and rental yield measures 20.41% with $1,701/mo rent. Return on cash invested shows 57.48% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 304.92% and total cumulative return in cash records $101,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,701/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 1988
6,777 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: Corrine Reyes • Marzucco Real Estate
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025006158