3073 Longview LnNorth Fort MyersFL33917
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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 3073 Longview Ln, North Fort Myers, FL, 33917 generates $1,631/mo in rent and, after a $756/mo payment, leaves $606/mo in cash flow. Total monthly income is $1,631/mo, and annual cash flow is $7,271/yr on $51,217 invested. Return on cash invested sits at 34.11% in year one, and rental yield is 12.67% on a $154,500 entry. Equity gained on principal adds $997/yr, while 5% annual appreciation builds toward $42,686 over five years. Five-year ROI reaches 179.55% and total cumulative return in cash sums $91,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
4,922 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: Sabrina Salt • REAL BROKER LLC - OCALA
Mls Name: Stellar MLS
Mls ID: #OM714365