Plan 2609 Modeled 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 2609 Modeled Plan, Coves of Estero Bay, Fort Myers, FL, 33908 generates $4,181/mo in rent and, after a $2,300/mo payment, leaves $1,062/mo in cash flow. Total monthly income is $4,181/mo, and annual cash flow is $12,749/yr on $155,802 invested. Return on cash invested sits at 28.09% in year one, and rental yield is 10.68% on a $469,990 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,850 over five years. Five-year ROI reaches 147.32% and total cumulative return in cash sums $229,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,181/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
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