Ashville w/ Den Plan, Island Vista EstatesFort MyersFL33903
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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 Ashville w/ Den Plan, Island Vista Estates, Fort Myers, FL, 33903 priced at $168,500 pairs $2,386/mo rent with $1,268/mo cash flow after a $825/mo payment. Total monthly income equals $2,386/mo, and annual cash flow comes to $15,210/yr on $55,858 invested. Return on cash invested is 47.14% in year one, and rental yield stands at 16.99% on a $168,500 basis. Equity gained on principal adds $1,087/yr, and 5% annual appreciation accumulates to $46,553 by year five. Five-year ROI measures 249.49% and total cumulative return in cash reaches $139,362. For financing, Ziffy Mortgage’s DSCR program evaluates $2,386/mo property income against a $825/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: N/A • MyMHcommunity
Mls Name: ELS
Mls Provider:
Mls ID: #N/A