797 Roses LnNorth 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 797 Roses Ln, North Fort Myers, FL, 33917 uses $56,322 cash to close to unlock $601/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $1,358/mo, and a $832/mo payment keeps the spread at $50/mo. Purchase price stands at $169,900, and rental yield measures 9.59% with $1,358/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 110.65% and total cumulative return in cash records $62,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,358/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
5,749 sqft lot
$N/A/sqft
$2,160 annually 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: Matt Makousky • RE/MAX Realty Team
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225029448
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.