905 Narcissus STNorth Fort MyersFL33903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 905 Narcissus ST, North Fort Myers, FL, 33903 uses $64,311 cash to close to unlock $7,141/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $950/mo payment keeps the spread at $595/mo. Purchase price stands at $194,000, and rental yield measures 11.65% with $1,883/mo rent. Return on cash invested shows 31.01% in year one, and 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 163.06% and total cumulative return in cash records $104,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $950/mo payment rather than investor’s personal income.
Single Family
Built in 1971
8,058 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Bartlett • Knowledge Base Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225066155
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.