793 Hydrangea DrNorth Fort MyersFL33903
Nearby investment properties with comparable rents
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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 793 Hydrangea Dr, North Fort Myers, FL, 33903 offers $5,468/mo rent that, after a $4,895/mo payment. Total monthly income is $5,468/mo. Return on cash invested measures 15.8% in year one, and rental yield stands at 6.56% at a $999,999 entry. Equity gained on principal adds $6,453/yr while 5% annual appreciation compounds into $276,281 by year five. Five-year ROI records 81.37% and total cumulative return in cash reaches $267,711. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,468/mo property income versus a $4,895/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33903, North Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,516 (100%) |
| Owner Occupied HU | 9,855 (59.7%) |
| Renter Occupied HU | 2,839 (17.2%) |
| Vacant Housing Units | 3,822 (23.1%) |
| Median Home Value | $292,268 |
| Average Home Value | $343,390 |
Housing Distribution
Address Breakdown
Residential
13,783
Single Family
12,014
Multi-Family
1,769
Businesses
787
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