17503 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 17503 Old Harmony Dr APT 201, Fort Myers, FL, 33908 earns $186/mo cash flow from $2,506/mo rent with a $1,711/mo payment. Total monthly income totals $2,506/mo, and annual cash flow totals $2,235/yr on $115,859 capital. ROI tracks 21.84% on current figures, and rental yield reads 8.6% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 113.8% and total cumulative return in cash sums $131,845. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,506/mo property income instead of your personal income.
Townhouse
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: Moe Mossa • Savvy Avenue, LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025018516