For SaleRisky Deal36 days on market
5741 Neal Rd
5741 Neal Rd, Fort Myers, FL 33905, Fort Myers, FL 33905
$375,000
Listing Price
5741 Neal Rd, Fort Myers, FL 33905
Loc: Fort Myers, FL
Days Listed
36
Tax Assessed
$244k
Lot Size
2.38 acres
Type
manufactured
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Manatee Elementary School
PK-5
2.5 mi away
3
Oak Hammock Middle School
6-8
2.4 mi away
3
Lehigh Senior High School
9-12
3.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Manufactured Home, Single Family Residence1973Central, ElectricWall Unit(s)2 Carport spaces36 Days$279
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.6%
Cash Flow
$-23/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-23/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Fort Myers
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Price change | $375,000 | $279 |
| 2026-08-18 | Listed for sale | $399,000 | $297 |
| 2025-08-20 | Listing removed | $410,000 | $305 |
| 2025-08-06 | Price change | $410,000 | $305 |
| 2025-07-16 | Price change | $440,000 | $327 |
| 2025-06-21 | Listed for sale | $450,000 | $335 |
| 2024-10-04 | Listing removed | $470,000 | $350 |
| 2024-09-25 | Pending sale | $470,000 | $350 |
| 2024-08-18 | Listed for sale | $470,000 | $350 |
| 2023-08-28 | Sold | $279,900 | $208 |
| 2023-07-16 | Pending sale | $279,900 | $208 |
| 2023-07-08 | Listed for sale | $279,900 | $208 |
| 2020-03-06 | Sold | $95,000 | $71 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,939.77 | $243,708 |
| 2024 | $3,983.72 | $249,541 |
| 2023 | $1,962.12 | $152,234 |
| 2022 | $2,102.23 | $147,800 |
| 2021 | $2,037.96 | $143,495 |
| 2020 | $2,296.63 | $131,626 |
| 2019 | $2,051.95 | $125,162 |
| 2018 | $2,051.95 | $100,132 |
| 2017 | $1,829.99 | $104,170 |
| 2016 | $1,796.48 | $99,160 |
| 2015 | $1,688.35 | $87,898 |
| 2014 | $1,527.38 | $88,906 |
| 2013 | $1,463.85 | $66,094 |
| 2012 | $1,296.66 | $80,602 |
| 2011 | $1,052.44 | $50,761 |
| 2010 | $1,347.97 | $65,972 |
| 2009 | $1,756.88 | $91,550 |
| 2007 | $3,170.72 | $185,630 |
| 2006 | $3,639.38 | $202,310 |
| 2004 | $1,321.12 | $58,870 |
| 2003 | $1,387.09 | $58,910 |
| 2002 | $1,393.38 | $58,960 |
| 2000 | $0 | $49,090 |
Similar Properties Nearby
Explore other investment opportunities in Fort Myers.