17126 Terraverde Cir APT 3Fort MyersFL33908
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
Investment Highlights
Total monthly income runs $2,383/mo, and a $1,370/mo payment. Purchase price stands at $280,000, and rental yield measures 10.21% with $2,383/mo rent. Return on cash invested shows 18.52% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 98.96% and total cumulative return in cash records $91,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,383/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 2001
7,858 sqft lot
$N/A/sqft
$7,596 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33908, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,029 (100%) |
| Owner Occupied HU | 15,858 (51.1%) |
| Renter Occupied HU | 5,421 (17.5%) |
| Vacant Housing Units | 9,750 (31.4%) |
| Median Home Value | $495,639 |
| Average Home Value | $585,764 |
Housing Distribution
Address Breakdown
Residential
26,065
Single Family
17,390
Multi-Family
8,675
Businesses
1,171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michal Showalter • Home Team Advantage Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224105156
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.