20569 Chestnut Ridge Dr, North Fort Myers, FL, 33917 | $101/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1393 sft

17819 Port Boca Cir, Fort Myers, FL, 33908

3 Bed
2 Bath
1170 sft

921 Henry St, Punta Gorda, FL, 33950

2 Bed
2 Bath
1154 sft

14201HERITAG E Landing Bl1316, Punta Gorda, FL, 33955

Investment Property+ 2 more

2 Bed
1 Bath
1654 sft

142 Peace Island Dr, Punta Gorda, FL, 33950

Nearby investment properties with comparable prices

2 Bed
2 Bath
1319 sft

3000 Oasis Grand Blvd APT 1002, Fort Myers, FL, 33916

2 Bed
2 Bath
1366 sft

14231HERITAG E Landing Bl1914, Punta Gorda, FL, 33955

2 Bed
2 Bath
1154 sft

14201HERITAG E Landing Bl1333, Punta Gorda, FL, 33955

3 Bed
2 Bath
2121 sft

16560 Goldenrod LN #202, Alva, FL, 33920

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in North Fort Myers at 20569 Chestnut Ridge Dr, North Fort Myers, FL, 33917 listed at $290,000 pairs $2,025/mo rent with a $1,419/mo payment to leave $101/mo cash flow. Total monthly income runs $2,025/mo, and annual cash flow reaches $1,211/yr on $96,135 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 8.38% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 110.17% and total cumulative return in cash totals $105,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,025/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2014

4,835 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