15031 Caspian Tern Ct UNIT 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 15031 Caspian Tern Ct UNIT 102, North Fort Myers, FL, 33917 offers a 9.34% rental yield on a $292,997 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,434/mo payment leaves $336/mo available for distribution. Annual cash flow reaches $4,028/yr on $97,129 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $1,891/yr while 5% annual appreciation supports $80,950 over five years. Portfolio math shows five-year ROI at 125.67% and total cumulative return in cash at $122,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,434/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
N/A 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: Suyin Flores Rodriguez • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11864871