20050 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
Investment property for sale in North Fort Myers at 20050 Fiddlewood Ave, North Fort Myers, FL, 33917 earns $248/mo cash flow from $2,035/mo rent with a $1,199/mo payment. Total monthly income totals $2,035/mo, and annual cash flow totals $2,978/yr on $81,218 capital. ROI tracks 23.58% on current figures, and rental yield reads 9.97% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash sums $100,704. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,035/mo property income instead of your personal income.
Single Family
Built in 2019
4,399 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Ivey • Swept Away Realty
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225056777
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.