1699 Golf Club Dr APT 7North 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 1699 Golf Club Dr APT 7, North Fort Myers, FL, 33903 offers a 9.5% rental yield on a $154,000 purchase with $1,219/mo rent. Total monthly income registers $1,219/mo, and a $754/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,361/yr on $51,051 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $994/yr while 5% annual appreciation supports $42,547 over five years. Portfolio math shows five-year ROI at 128.28% and total cumulative return in cash at $65,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $754/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
7,609 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: Anton De Jager • Jager Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025002588