730 Knotty Pine CirNorth 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 730 Knotty Pine Cir, North Fort Myers, FL, 33917 offers a 15.33% rental yield on a $112,000 purchase with $1,431/mo rent. Total monthly income registers $1,431/mo, and a $548/mo payment leaves $688/mo available for distribution. Annual cash flow reaches $8,255/yr on $37,128 to close, and return on cash invested stands at 42.14% in year one. Equity gained on principal adds $723/yr while 5% annual appreciation supports $30,944 over five years. Portfolio math shows five-year ROI at 222.67% and total cumulative return in cash at $82,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,431/mo property income against a $548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
4,922 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: Judy Lucarelli • ERA Right Choice Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #225042246