3414 Hancock Bridge Pkwy APT 505North Fort MyersFL33903
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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 3414 Hancock Bridge Pkwy APT 505, North Fort Myers, FL, 33903 listed at $507,500 pairs $4,025/mo rent with a $2,484/mo payment. Total monthly income runs $4,025/mo. Return on cash invested measures 19.62% in year one, and rental yield registers 9.52% at a $507,500 basis. Equity gained on principal adds $3,275/yr, and annual property appreciation at 5% supports $140,213 by year five. Five-year ROI tracks 103.73% and total cumulative return in cash totals $173,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,025/mo property income relative to a $2,484/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2007
0.72 Acres lot
$N/A/sqft
$582 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
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Listed by: N/A • N/A
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