6687 Estero Bay 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 6687 Estero Bay Dr, Fort Myers, FL, 33908 earns $894/mo cash flow from $4,375/mo rent with a $2,418/mo payment. Total monthly income totals $4,375/mo, and annual cash flow totals $10,723/yr on $163,761 capital. ROI tracks 26.46% on current figures, and rental yield reads 10.63% at a $494,000 purchase. Equity gained on principal adds $3,188/yr, and 5% annual appreciation supports $136,483 over five years. Five-year ROI reaches 139.09% and total cumulative return in cash sums $227,768. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,375/mo property income instead of your personal income.
Single Family
Built in 2023
10,176 sqft lot
$N/A/sqft
$203 monthly 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: Tara Garkowski • KELLER WILLIAMS ADVANTAGE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6237838
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511