Plan 1876 Plan, Coves of Estero BayFort 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 Plan 1876 Plan, Coves of Estero Bay, Fort Myers, FL, 33908 priced at $410,990 pairs $3,205/mo rent with $477/mo cash flow after a $2,012/mo payment. Total monthly income equals $3,205/mo, and annual cash flow comes to $5,726/yr on $136,243 invested. Return on cash invested is 24.11% in year one, and rental yield stands at 9.36% on a $410,990 basis. Equity gained on principal adds $2,652/yr, and 5% annual appreciation accumulates to $113,549 by year five. Five-year ROI measures 125.99% and total cumulative return in cash reaches $171,646. For financing, Ziffy Mortgage’s DSCR program evaluates $3,205/mo property income against a $2,012/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A