7430 Lake Breeze Dr APT 106Fort MyersFL33907
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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
Rental property for sale in Fort Myers at 7430 Lake Breeze Dr APT 106, Fort Myers, FL, 33907 generates $1,291/mo in rent, after a $655/mo payment. Total monthly income is $1,291/mo. Return on cash invested sits at 7.2% in year one, and rental yield is 11.57% on a $133,900 entry. Equity gained on principal adds $864/yr, while 5% annual appreciation builds toward $36,994 over five years. Five-year ROI reaches 43.8% and total cumulative return in cash sums $19,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,291/mo property income rather than buyer’s personal income.
Condo
Built in 1985
10,454 sqft lot
$N/A/sqft
$805 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33907, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,782 (100%) |
| Owner Occupied HU | 5,453 (36.9%) |
| Renter Occupied HU | 6,621 (44.8%) |
| Vacant Housing Units | 2,708 (18.3%) |
| Median Home Value | $332,665 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
12,950
Single Family
7,064
Multi-Family
5,886
Businesses
1,794
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