17502 Village Inlet CtFort 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
Total monthly income runs $969/mo, and a $612/mo payment. Purchase price stands at $125,000, and rental yield measures 9.3% with $969/mo rent. Return on cash invested shows -8.67% in year one, and 5% annual appreciation builds toward $34,535 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $969/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1985
4,700 sqft lot
$N/A/sqft
$13,512 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
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Listed by: Kim M Hinkson • Local Real Estate LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224093092
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.