950 Moody Rd APT 110North Fort MyersFL33903
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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 950 Moody Rd APT 110, North Fort Myers, FL, 33903 listed at $224,900 pairs $1,569/mo rent with a $1,101/mo payment to leave $76/mo cash flow. Total monthly income runs $1,569/mo, and annual cash flow reaches $916/yr on $74,554 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 8.37% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 110.06% and total cumulative return in cash totals $82,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,569/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
1,546 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: Joseph Wheatley • Tropical Homes Of Southwest Fl LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025009015