3172 Pluto CirNorth Fort MyersFL33903
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 3172 Pluto Cir, North Fort Myers, FL, 33903 in North Fort Myers at $110,000 earns $1,254/mo in rent and nets $107/mo after the $495/mo payment, a 10.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,391 over five years. Ziffy Mortgage underwrites this on a 2.53 DSCR without U.S. credit history. With $1,013/yr in principal paydown, total projected return reaches $62,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $107 | $300 |
City averages based on North Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,254 |
| Total Monthly Debt Service | $906 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
$191 monthly 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
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
Manufactured
Built in 1973
N/A lot
$N/A/sqft
$191 monthly 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: Donna Ryan • Sellstate 5 Star Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11628837
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.