Real Estate Investing in Fort Myers, Florida (33967)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33967 (Fort Myers, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.4% of homes vacant — above national norms.
What’s happening in Fort Myers, FL (33967)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33967 Fort Myers
ZIP 33967 in Fort Myers, FL carries a robust set of headwinds. Home values near $356K and rents of $2,170/mo sit inside a market where underwriting has to be tight.
Rent of $2,170/mo on a $356K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33967 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Fort Myers have seen price recovery that 33967 has not matched. Lee County data supports the view that the spread is structural rather than temporary.
A significant renter share of 29% in 33967 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 33967 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Fort Myers:
Property Strategy for 33967
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $274,945 | $2,130 | 5.6% | +6.5% | $137,472 |
| 3BR | $359,098 | $2,780 | 5.6% | +7.1% | $119,699 |
| 4BR | $464,718 | $3,080 | 4.8% | +7.5% | $116,179 |
| 5BR | $643,334 | — | — | +7.7% | $128,667 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33967 Compare?
| Metric | 33967 | Fort Myers | Cape Coral-Fort Myers, FL | Florida |
|---|---|---|---|---|
| Home Value | $356,068 | $275,679 | N/A | $374,697 |
| 5-Year CAGR | 3.9% | 3.1% | N/A | 7.4% |
| Avg Rent | $2,170 | $1,795 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33967 (Fort Myers, FL). Anonymous, moderated, never written by AI.
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Property managers serving Lee County
Manage rentals here? List your business →Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website
Sandcastle Community Management offers HOA and Condominium Management, professional maintenance, financial solutions, and real estate services in Florida, including Naples, Fort Myers, and Bonita Spri summary from their website
JNS Property Management is a full-service development and management company specializing in commercial retail and office space in Central Florida. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $356,068 |
| Monthly Rent | $2,170 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | -2.4% ▼ |
| 3-Year CAGR | -3.0% ▼ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33967
Population: 27,337
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33967
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,518 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Fort Myers, FL?
In Fort Myers, FL the median home value sits at $356K. Against the broader FL market, that reads as reasonable for most investors.
Is Fort Myers, FL better for rentals, flips, or BRRRR?
Fort Myers, FL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($356K prices, $2,170/mo rents) make it a reasonable choice.
How much do tenants pay in Fort Myers, FL?
Rent in Fort Myers, FL is around $2,170/mo. The resulting rent-to-value relationship with $356K pricing is reasonable for most investor models.
How strict are landlord regulations in Fort Myers, FL?
Fort Myers, FL operates under FL law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Are renters plentiful in Fort Myers, FL?
Fort Myers, FL draws a steady base of working renters. Demand at the $2,170/mo rent level is reasonable for standard single-family and small multi rentals.
You know 33967 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33967 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33967 ranks in Cape Coral-Fort Myers, FL
Every ZIP in this metro, ranked. Free.
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