5716 Foxlake Dr APT 1North 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 5716 Foxlake Dr APT 1, North Fort Myers, FL, 33917 priced at $189,000 pairs $1,424/mo rent with $170/mo cash flow after a $925/mo payment. Total monthly income equals $1,424/mo, and annual cash flow comes to $2,038/yr on $62,654 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 9.04% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 120.87% and total cumulative return in cash reaches $75,730. For financing, Ziffy Mortgage’s DSCR program evaluates $1,424/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
4,112 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: Nick Comerford • Cape Premier Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025016374