19451 Ravines Ct #36-INorth Fort MyersFL33903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 19451 Ravines Ct #36-I, North Fort Myers, FL, 33903 listed at $129,500 pairs $993/mo rent with a $634/mo payment to leave $133/mo cash flow. Total monthly income runs $993/mo, and annual cash flow reaches $1,601/yr on $42,929 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.2% at a $129,500 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,778 by year five. Five-year ROI tracks 123.5% and total cumulative return in cash totals $53,018. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $993/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1992
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deeann Blanton • Lighthouse Mobile Home Sales
Mls Name: My State MLS
Mls ID: #11364968