341 Shrub Ln SNorth 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
Investment property for sale in North Fort Myers at 341 Shrub Ln S, North Fort Myers, FL, 33917 listed at $115,000 pairs $1,225/mo rent with a $563/mo payment to leave $462/mo cash flow. Total monthly income runs $1,225/mo, and annual cash flow reaches $5,541/yr on $38,123 cash to close. Return on cash invested measures 34.44% in year one, and rental yield registers 12.78% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 181.4% and total cumulative return in cash totals $69,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,225/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1977
6,141 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: Judy Lucarelli • ERA Right Choice Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025026020