15011 Arbor Lakes Dr E APT 102North 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
Investment property for sale in North Fort Myers at 15011 Arbor Lakes Dr E APT 102, North Fort Myers, FL, 33917 earns from $1,224/mo rent with a $754/mo payment. Total monthly income totals $1,224/mo. ROI tracks 12.12% on current figures, and rental yield reads 9.54% at a $154,000 purchase. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 over five years. Five-year ROI reaches 66.24% and total cumulative return in cash sums $33,818. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,224/mo property income instead of your personal income.
Condo
Built in 1993
6,756 sqft lot
$N/A/sqft
$6,396 annually 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: Barb Neurohr • Berkshire Hathaway HomeService
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225041089
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.