390 Santa Fe TrlNorth 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
Rental property for sale in North Fort Myers at 390 Santa Fe Trl, North Fort Myers, FL, 33917 priced at $199,900 converts $1,782/mo rent into $456/mo cash flow after a $978/mo obligation. Total monthly income equals $1,782/mo, and annual cash flow totals $5,470/yr on $66,267 invested. Return on cash invested prints 28.16% in year one, and rental yield reads 10.7% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 147.69% and total cumulative return in cash sums $97,873. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,782/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
5,052 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: Sharon Amabile • Creative Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000844