18320 Ace RdNorth Fort MyersFL33917
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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 18320 Ace Rd, North Fort Myers, FL, 33917 with 5% annual appreciation on a $197,200 basis while $2,665/mo rent supports operations. Total monthly income totals $2,665/mo and a $965/mo payment preserves $1,307/mo for cash returns. Annual cash flow comes to $15,681/yr on $65,372 deployed, and return on cash invested reaches 43.9% in year one. Equity gained on principal adds $1,273/yr, and five-year appreciation sums $54,483 alongside rental yield of 16.22%. Five-year ROI measures 232.4% and total cumulative return in cash totals $151,925.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,665/mo property income versus a $965/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33917, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,439 (100%) |
| Owner Occupied HU | 14,788 (69.0%) |
| Renter Occupied HU | 2,351 (11.0%) |
| Vacant Housing Units | 4,300 (20.1%) |
| Median Home Value | $308,741 |
| Average Home Value | $369,605 |
Housing Distribution
Address Breakdown
Residential
18,291
Single Family
17,205
Multi-Family
1,086
Businesses
276
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Nearby investment properties with comparable prices
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