15448 Admiralty Cir APT 3North 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 15448 Admiralty Cir APT 3, North Fort Myers, FL, 33917 generates $1,259/mo in rent, after a $771/mo payment. Total monthly income is $1,259/mo. Return on cash invested sits at 5.28% in year one, and rental yield is 9.59% on a $157,500 entry. Equity gained on principal adds $1,016/yr, while 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 32.12% and total cumulative return in cash sums $16,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Condo
Built in 1985
10,040 sqft lot
$N/A/sqft
$10,200 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: Bernadette Devaney • Starlink Realty, Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224081732
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.