7007 New Post 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 7007 New Post Dr APT 3, North Fort Myers, FL, 33917 uses $34,808 cash to close to unlock $1,285/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $804/mo, and a $514/mo payment keeps the spread at $107/mo. Purchase price stands at $105,000, and rental yield measures 9.19% with $804/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $42,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $804/mo property income covering a $514/mo payment rather than investor’s personal income.
Condo
Built in 1974
5,144 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: Mary Wilson • Lee County Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025022222