4840 Golf Club Ct APT 1North 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 4840 Golf Club Ct APT 1, North Fort Myers, FL, 33903 uses $39,117 cash to close to unlock $9,774/yr annual cash flow and $814/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $578/mo payment keeps the spread at $814/mo. Purchase price stands at $118,000, and rental yield measures 16.25% with $1,598/mo rent. Return on cash invested shows 44.89% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 237.51% and total cumulative return in cash records $92,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $578/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A 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: Kelly Snyder • Schooner Bay Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025025885