8916 Crown Colony BlvdFort 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
Rental property for sale in Fort Myers at 8916 Crown Colony Blvd, Fort Myers, FL, 33908 priced at $625,000 converts $5,482/mo rent into $893/mo cash flow after a $3,059/mo obligation. Total monthly income equals $5,482/mo, and annual cash flow totals $10,722/yr on $205,625 invested. Return on cash invested prints 25.27% in year one, and rental yield reads 10.53% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 133.11% and total cumulative return in cash sums $273,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,482/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,361 sqft lot
$N/A/sqft
$5,292 annually 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: Kimberley Andrews • Crown Colony Realty, LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224094450
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.