7049 New Post Dr APT 7North 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 7049 New Post Dr APT 7, North Fort Myers, FL, 33917 priced at $105,000 converts $794/mo rent into $97/mo cash flow after a $514/mo obligation. Total monthly income equals $794/mo, and annual cash flow totals $1,165/yr on $34,808 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 9.07% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 121.53% and total cumulative return in cash sums $42,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $794/mo property income covering a $514/mo payment, not borrower’s personal income.
Condo
Built in 1974
5,400 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: Jessica Colom • SWFL Life Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025016535