138 Brooks RdNorth Fort MyersFL33917
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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 138 Brooks Rd, North Fort Myers, FL, 33917 offers $1,526/mo rent that, after a $969/mo payment, leaves $205/mo cash flow. Total monthly income is $1,526/mo, and annual cash flow is $2,455/yr on $65,637 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.25% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 123.56% and total cumulative return in cash reaches $81,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,526/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33917, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,439 (100%) |
| Owner Occupied HU | 14,788 (69.0%) |
| Renter Occupied HU | 2,351 (11.0%) |
| Vacant Housing Units | 4,300 (20.1%) |
| Median Home Value | $308,741 |
| Average Home Value | $369,605 |
Housing Distribution
Address Breakdown
Residential
18,291
Single Family
17,205
Multi-Family
1,086
Businesses
276
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225028985
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.