819 Oleander AveFort MyersFL33916
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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 819 Oleander Ave, Fort Myers, FL, 33916 at $600,000 posts ROI 20.81% with $124/mo cash flow from $4,106/mo rent. Total monthly income equals $4,106/mo, and annual cash flow records $1,488/yr on $197,400 to close. Return on cash invested measures 20.81% and rental yield reads 8.21% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 108.24% and total cumulative return in cash totals $213,672.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,106/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1974
8,372 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33916, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,222 (100%) |
| Owner Occupied HU | 4,285 (30.1%) |
| Renter Occupied HU | 7,966 (56.0%) |
| Vacant Housing Units | 1,971 (13.9%) |
| Median Home Value | $259,163 |
| Average Home Value | $313,318 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
7,873
Multi-Family
4,387
Businesses
820
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Listed by: Astrid Lopez • First Step Realty Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224086497
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.