20010 Fiddlewood AveNorth Fort MyersFL33917
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
Rental property for sale in North Fort Myers at 20010 Fiddlewood Ave, North Fort Myers, FL, 33917 generates $3,598/mo in rent and, after a $1,322/mo payment, leaves $1,270/mo in cash flow. Total monthly income is $3,598/mo, and annual cash flow is $15,244/yr on $89,505 invested. Return on cash invested sits at 36.94% in year one, and rental yield is 15.99% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 197.39% and total cumulative return in cash sums $176,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,598/mo property income rather than buyer’s personal income.
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.