8309 Bridgewater DrNorth 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 8309 Bridgewater Dr, North Fort Myers, FL, 33917 earns $1,309/mo cash flow from $3,714/mo rent with a $1,571/mo payment. Total monthly income totals $3,714/mo, and annual cash flow totals $15,707/yr on $106,411 capital. ROI tracks 34.67% on current figures, and rental yield reads 13.88% at a $320,999 purchase. Equity gained on principal adds $2,071/yr, and 5% annual appreciation supports $88,686 over five years. Five-year ROI reaches 183.71% and total cumulative return in cash sums $195,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,714/mo property income instead of your personal income.
Multi Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$3,300 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: Michael Bone • DR Horton Realty SW FL LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224060844
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.