5745 Foxlake Dr APT BNorth 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 5745 Foxlake Dr APT B, North Fort Myers, FL, 33917 priced at $108,155 pairs $1,530/mo rent with $453/mo cash flow after a $529/mo payment. Total monthly income equals $1,530/mo, and annual cash flow comes to $5,432/yr on $35,853 invested. Return on cash invested is 35.06% in year one, and rental yield stands at 16.98% on a $108,155 basis. Equity gained on principal adds $698/yr, and 5% annual appreciation accumulates to $29,881 by year five. Five-year ROI measures 189.09% and total cumulative return in cash reaches $67,796. For financing, Ziffy Mortgage’s DSCR program evaluates $1,530/mo property income against a $529/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
3,484 sqft lot
$N/A/sqft
$360 monthly 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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