5740 Neal RdFort 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 5740 Neal Rd, Fort Myers, FL, 33905 earns $174/mo cash flow from $2,318/mo rent with a $1,581/mo payment. Total monthly income totals $2,318/mo, and annual cash flow totals $2,093/yr on $107,075 capital. ROI tracks 21.86% on current figures, and rental yield reads 8.61% at a $323,000 purchase. Equity gained on principal adds $2,084/yr, and 5% annual appreciation supports $89,239 over five years. Five-year ROI reaches 113.93% and total cumulative return in cash sums $121,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,318/mo property income instead of your personal income.
Single Family
Built in 1969
2.35 Acres 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: Jack Lewis • Access Real Estate
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025007122
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.