8607 Chatham StFort 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
Investment property for sale in Fort Myers at 8607 Chatham St, Fort Myers, FL, 33907 listed at $271,900 pairs $2,119/mo rent with a $1,331/mo payment to leave $314/mo cash flow. Total monthly income runs $2,119/mo, and annual cash flow reaches $3,773/yr on $90,135 cash to close. Return on cash invested measures 24.1% in year one, and rental yield registers 9.35% at a $271,900 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,121 by year five. Five-year ROI tracks 125.9% and total cumulative return in cash totals $113,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,119/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
9,060 sqft lot
$N/A/sqft
No 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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Listed by: Cory Rudnitski • RE/MAX Profere
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025022324