26 Cypress StNorth Fort MyersFL33903
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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 26 Cypress St, North Fort Myers, FL, 33903 priced at $122,500 converts $1,686/mo rent into $858/mo cash flow after a $600/mo obligation. Total monthly income equals $1,686/mo, and annual cash flow totals $10,295/yr on $40,609 invested. Return on cash invested prints 45.26% in year one, and rental yield reads 16.52% against a $122,500 entry. Equity gained on principal adds $790/yr, while 5% annual appreciation compiles into $33,844 by year five. Five-year ROI reaches 239.53% and total cumulative return in cash sums $97,272. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,686/mo property income covering a $600/mo payment, not borrower’s personal income.
Single Family
Built in 1945
2,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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Listed by: John Garuti • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7515948
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511