3454 Hancock Bridge Pkwy APT A2North 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 3454 Hancock Bridge Pkwy APT A2, North Fort Myers, FL, 33903 earns $158/mo cash flow from $1,424/mo rent with a $565/mo payment. Total monthly income totals $1,424/mo, and annual cash flow totals $1,892/yr on $38,254 capital. ROI tracks 24.85% on current figures, and rental yield reads 14.81% at a $115,397 purchase. Equity gained on principal adds $745/yr, and 5% annual appreciation supports $31,882 over five years. Five-year ROI reaches 135.68% and total cumulative return in cash sums $51,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,424/mo property income instead of your personal income.
Condo
Built in 1978
2,874 sqft lot
$N/A/sqft
$447 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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