7001 New Post Dr APT 4North 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 7001 New Post Dr APT 4, North Fort Myers, FL, 33917 offers a 9.24% rental yield on a $114,500 purchase with $882/mo rent. Total monthly income registers $882/mo, and a $560/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,471/yr on $37,957 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $739/yr while 5% annual appreciation supports $31,634 over five years. Portfolio math shows five-year ROI at 124.27% and total cumulative return in cash at $47,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $882/mo property income against a $560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
5,052 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: Barb Neurohr • Berkshire Hathaway HomeService
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021009