7077 Quail Run Ct E #16Fort 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 7077 Quail Run Ct E #16, Fort Myers, FL, 33908 uses $56,355 cash to close to unlock $2,675/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,351/mo, and a $832/mo payment keeps the spread at $223/mo. Purchase price stands at $170,000, and rental yield measures 9.54% with $1,351/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash records $72,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,351/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A 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: Susan Smith • ERA Cape Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000315