Ranch home in 1609 Heiman Ave Fort Myers, FL
This Ranch home in Fort Myers, FL offers 3 bedrooms and 1 bathroom across 1,032 square feet. The Ranch styling carries through the home's design.
| Price | $200,000 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 1032 |
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| Architectural style | Ranch (64% match) |
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| Address | 1609 Heiman Ave Fort Myers, FL 33905 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $200K, this home is 37% below the $320K median for 212 similar Ranch homes in Fort Myers, FL.
- That works out to $194 per square foot, 6% below the $206 comparable rate.
- New to market (6 days), so expect competition.
| This home | $200,000 |
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| Ranch median in Fort Myers, FL | $319,998 (212 homes) |
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| Price per sq ft | $194 vs. $206 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,321/month with 20% down at a 7.28% 30-year fixed rate. You would need about $56,632 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,095/mo |
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| Property tax (new-buyer reassessed rate) | $152/mo |
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| Homeowners insurance | $75/mo |
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| Total monthly | $1,321/mo |
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| Down payment (20%) | $40,000 |
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| Income needed | $56,632/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (85 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (85/100) |
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| Beats renting in | 60% of modeled paths |
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| Modeled 5-yr equity (median) | $141,214 |
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| Range (10th to 90th pct) | $94,668 to $197,843 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto