10561 Lake Loop Rd #37-MNorth Fort MyersFL33903
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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 North Fort Myers at 10561 Lake Loop Rd #37-M, North Fort Myers, FL, 33903 generates $813/mo in rent and, after a $529/mo payment, leaves $96/mo in cash flow. Total monthly income is $813/mo, and annual cash flow is $1,151/yr on $35,802 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 9.03% on a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $43,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $813/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: Deeann Blanton • Lighthouse Mobile Home Sales
Mls Name: My State MLS
Mls ID: #11355605