2695 STAR CORAL DRNorth 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
Rental property for sale in North Fort Myers at 2695 STAR CORAL DR, North Fort Myers, FL, 33903 generates $2,311/mo in rent and, after a $1,600/mo payment, leaves $141/mo in cash flow. Total monthly income is $2,311/mo, and annual cash flow is $1,698/yr on $108,397 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 8.48% on a $326,990 entry. Equity gained on principal adds $2,110/yr, while 5% annual appreciation builds toward $90,341 over five years. Five-year ROI reaches 111.85% and total cumulative return in cash sums $121,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,311/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Wayland • DR Horton Realty SW FL LLC
Mls Name: SWFLMLS
Mls ID: #225082798