5755 Foxlake Dr APT HNorth 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 5755 Foxlake Dr APT H, North Fort Myers, FL, 33917 listed at $109,900 pairs $842/mo rent with a $538/mo payment to leave $113/mo cash flow. Total monthly income runs $842/mo, and annual cash flow reaches $1,351/yr on $36,432 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 9.19% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 123.36% and total cumulative return in cash totals $44,944. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $842/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
3,833 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: Kelly Simmons • ERA Advantage Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025008326