The Summerville II Plan, Timber Creek : Manor HomesFort MyersFL33913
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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 The Summerville II Plan, Timber Creek: Manor Homes, Fort Myers, FL, 33913 priced at $513,999 converts $4,147/mo rent into $736/mo cash flow after a $2,516/mo obligation. Total monthly income equals $4,147/mo, and annual cash flow totals $8,829/yr on $169,106 invested. Return on cash invested prints 25.28% in year one, and rental yield reads 9.68% against a $513,999 entry. Equity gained on principal adds $3,317/yr, while 5% annual appreciation compiles into $142,008 by year five. Five-year ROI reaches 132.21% and total cumulative return in cash sums $223,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,147/mo property income covering a $2,516/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A