8804 Middlebrook Dr #102Fort 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 8804 Middlebrook Dr #102, Fort Myers, FL, 33908 earns from $3,400/mo rent with a $2,051/mo payment. Total monthly income totals $3,400/mo. ROI tracks 19.74% on current figures, and rental yield reads 9.74% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 104.54% and total cumulative return in cash sums $145,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,400/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$1,917 quarterly 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: Lisette Hitt • Pfeifer Realty Group LLC
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2250667
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.