263 Chalmer DrNorth 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 263 Chalmer Dr, North Fort Myers, FL, 33917 at $265,600 posts ROI 30.94% with $809/mo cash flow from $2,572/mo rent. Total monthly income equals $2,572/mo, and annual cash flow records $9,713/yr on $88,046 to close. Return on cash invested measures 30.94% and rental yield reads 11.62% at the current $265,600. Equity gained on principal adds $1,714/yr, and 5% annual appreciation supports $73,380 by year five. Five-year ROI prints 162.61% and total cumulative return in cash totals $143,172.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,572/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
9,408 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
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Listed by: Jean Plancher • Barclays Real Estate Group 1
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224099314
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.