20010 Fiddlewood AveNorth Fort MyersFL33917
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 20010 Fiddlewood Ave, North Fort Myers, FL, 33917 in North Fort Myers speaks for itself: 15.99% gross on a $270,000 price, generating $3,598/mo in rent and $1,270/mo in net income after the $1,214/mo debt service. DSCR 2.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,245 stacks alongside $74,596 in projected five-year appreciation and $2,487/yr in principal reduction. Projected total cumulative return: $187,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 6.0% |
| Monthly Cash Flow | $1,270 | $300 |
City averages based on North Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,598 |
| Total Monthly Debt Service | $2,220 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2021
7,135 sqft lot
$N/A/sqft
$1,164 quarterly 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
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
Multi Family
Built in 2021
7,135 sqft lot
$N/A/sqft
$1,164 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Morgan • Premiere Plus Realty Company
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025004262
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.