16802 Pink Coral PathNorth Fort MyersFL33903
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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 16802 Pink Coral Path, North Fort Myers, FL, 33903 listed at $344,900 pairs $2,352/mo rent with a $1,688/mo payment to leave $63/mo cash flow. Total monthly income runs $2,352/mo, and annual cash flow reaches $760/yr on $114,334 cash to close. Return on cash invested measures 20.57% in year one, and rental yield registers 8.18% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 107.02% and total cumulative return in cash totals $122,361. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,352/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
8,908 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: Larry Baylog • DomainRealty.com LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025005475