3426 Hancock Bridge Pkwy APT 1203North 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
Rental property for sale in North Fort Myers at 3426 Hancock Bridge Pkwy APT 1203, North Fort Myers, FL, 33903 generates $3,213/mo in rent and, after a $2,324/mo payment, leaves $62/mo in cash flow. Total monthly income is $3,213/mo, and annual cash flow is $743/yr on $157,429 invested. Return on cash invested sits at 20.38% in year one, and rental yield is 8.12% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 105.94% and total cumulative return in cash sums $166,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,213/mo property income rather than buyer’s personal income.
Condo
Built in 2007
0.72 Acres 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
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Listed by: Betty Leathers • Barclays Real Estate Group 1
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025013086