2238 Cantor LnNorth Fort MyersFL33917
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2238 Cantor Ln, North Fort Myers, FL, 33917 in North Fort Myers speaks for itself: 20.23% gross on a $166,900 price, generating $2,814/mo in rent and $1,706/mo in net income after the $750/mo debt service. DSCR 3.75, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,477 stacks alongside $46,111 in projected five-year appreciation and $1,537/yr in principal reduction. Projected total cumulative return: $173,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.2% | 6.0% |
| Monthly Cash Flow | $1,706 | $300 |
City averages based on North Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,814 |
| Total Monthly Debt Service | $1,041 |
| DSCR Ratio | 2.70x |
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.
Manufactured
Built in 1969
0.30 Acres 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
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
Manufactured
Built in 1969
0.30 Acres 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