5716 Foxlake Dr APT 3North 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
Investment property for sale in North Fort Myers at 5716 Foxlake Dr APT 3, North Fort Myers, FL, 33917 earns from $1,317/mo rent with a $852/mo payment. Total monthly income totals $1,317/mo. ROI tracks 12.67% on current figures, and rental yield reads 9.08% at a $174,000 purchase. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 over five years. Five-year ROI reaches 68.43% and total cumulative return in cash sums $39,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,317/mo property income instead of your personal income.
Condo
Built in 1985
4,112 sqft lot
$N/A/sqft
$6,120 annually 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: SWFLMLS
Mls Provider:
Mls ID: #224098599
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.