15371 River Vista Dr APT 801North 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 15371 River Vista Dr APT 801, North Fort Myers, FL, 33917 generates $2,344/mo in rent, after a $1,904/mo payment. Total monthly income is $2,344/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 7.23% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 91.59% and total cumulative return in cash sums $118,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,344/mo property income rather than buyer’s personal income.
Condo
Built in 1995
4,978 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: Denise Chambre • Keller Williams Realty Fort Myers and the Islands
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025022347