1914 Madera WayNorth Fort MyersFL33903
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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
Rental property for sale in North Fort Myers at 1914 Madera Way, North Fort Myers, FL, 33903 generates $1,259/mo in rent and, after a $778/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $2,449/yr on $52,709 invested. Return on cash invested sits at 24.56% in year one, and rental yield is 9.5% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 128.45% and total cumulative return in cash sums $67,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: Bonnie Moniz • Taylor Resort Homes, LLC
Mls Name: My State MLS
Mls ID: #11601769