16045 Beachberry DrNorth Fort MyersFL33917
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThere's a case for owning boring assets in strong markets. Rental yield 7.02%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $103,606 and $3,454/yr in equity build project total return of $123,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $(450) | $300 |
City averages based on North Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,193 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
6,477 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
6,477 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marliss Brockington • Elite Edge Fl Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #225060837