268 Las Palmas BlvdNorth Fort MyersFL33903
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 268 Las Palmas Blvd, North Fort Myers, FL, 33903 at $125,000 posts ROI 23.25% with $115/mo cash flow from $945/mo rent. Total monthly income equals $945/mo, and annual cash flow records $1,383/yr on $41,438 to close. Return on cash invested measures 23.25% and rental yield reads 9.07% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 121.41% and total cumulative return in cash totals $50,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $945/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1985
N/A 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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Nearby investment properties with comparable prices
Listed by: Bonnie Moniz • Taylor Resort Homes, LLC
Mls Name: My State MLS
Mls ID: #11605428