934 Orange Blossom LnNorth 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
Rental property for sale in North Fort Myers at 934 Orange Blossom Ln, North Fort Myers, FL, 33903 offers $1,505/mo rent that, after a $976/mo payment, leaves $182/mo cash flow. Total monthly income is $1,505/mo, and annual cash flow is $2,178/yr on $66,134 cash. Return on cash invested measures 23.2% in year one, and rental yield stands at 9.05% at a $199,500 entry. Equity gained on principal adds $1,287/yr while 5% annual appreciation compounds into $55,118 by year five. Five-year ROI records 121.13% and total cumulative return in cash reaches $80,107. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,505/mo property income versus a $976/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,668 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
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Listed by: Cassandra Royster • Weatherford Realty Group LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025004028