6316 Royal Woods DrFort MyersFL33908
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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 6316 Royal Woods Dr, Fort Myers, FL, 33908 with 5% annual appreciation on a $224,000 basis while $1,768/mo rent supports operations. Total monthly income totals $1,768/mo and a $1,096/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,382/yr on $74,256 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $1,445/yr, and five-year appreciation sums $61,887 alongside rental yield of 9.47%. Five-year ROI measures 127.85% and total cumulative return in cash totals $94,939.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,768/mo property income versus a $1,096/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
1,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
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Listed by: Larry Fitch • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls ID: #225047734