17495 Old Harmony Dr APT 201Fort MyersFL33908
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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 Fort Myers at 17495 Old Harmony Dr APT 201, Fort Myers, FL, 33908 earns $1,107/mo cash flow from $3,430/mo rent with a $1,713/mo payment. Total monthly income totals $3,430/mo, and annual cash flow totals $13,289/yr on $116,025 capital. ROI tracks 31.36% on current figures, and rental yield reads 11.76% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 164.86% and total cumulative return in cash sums $191,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,430/mo property income instead of your personal income.
Condo
Built in 2006
5,985 sqft lot
$N/A/sqft
No 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
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Listed by: Susan Simonetti • RE/MAX Realty Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025017827