4728 Orange Grove Blvd APT 8North 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 4728 Orange Grove Blvd APT 8, North Fort Myers, FL, 33903 listed at $168,000 pairs $1,280/mo rent with a $822/mo payment. Total monthly income runs $1,280/mo. Return on cash invested measures 7.12% in year one, and rental yield registers 9.14% at a $168,000 basis. Equity gained on principal adds $1,084/yr, and annual property appreciation at 5% supports $46,415 by year five. Five-year ROI tracks 40.82% and total cumulative return in cash totals $22,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,280/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
9,857 sqft lot
$N/A/sqft
$759 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: Alecia Sinclair • Home Hub Prime
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025011069
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.