3462 Hancock Bridge Pkwy APT 224North 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 3462 Hancock Bridge Pkwy APT 224, North Fort Myers, FL, 33903 earns $31/mo cash flow from $1,379/mo rent with a $994/mo payment. Total monthly income totals $1,379/mo, and annual cash flow totals $377/yr on $67,295 capital. ROI tracks 20.47% on current figures, and rental yield reads 8.15% at a $203,000 purchase. Equity gained on principal adds $1,310/yr, and 5% annual appreciation supports $56,085 over five years. Five-year ROI reaches 106.46% and total cumulative return in cash sums $71,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,379/mo property income instead of your personal income.
Condo
Built in 1983
10,262 sqft 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: Marceleen Wurst • Royal Shell Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025011931