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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in North Fort Myers, FL
$ 295,900
ROI
22.2
Cash Flow/m
198- 2 Bed
- 2 Bath
- 1497 sft
20691 Plumwood Loop, North Fort Myers, FL, 33917
Currently Rented
Rental Income
$ 114,900
ROI
32.5Cash Flow/m
409- 3 Bed
- 3 Bath
- - sft
248 Flame Ln, North Fort Myers, FL, 33917
$ 286,900
ROI
27.7Cash Flow/m
637- 2 Bed
- 2 Bath
- 1497 sft
2052 Pigeon Plum Way, North Fort Myers, FL, 33917
$ 344,000
ROI
32.3Cash Flow/m
1197- 6 Bed
- 4 Bath
- 1530 sft
231 Santa Cruz St, North Fort Myers, FL, 33903
Why Invest in North Fort Myers, Florida?
Investing in multifamily properties in North Fort Myers, FL, presents a unique opportunity for real estate investors. The area has shown a steady appreciation rate of around 5% over the last year, making it an attractive market for both new and seasoned investors. With a rental yield of approximately 7%, the potential for cash flow and long-term gains is significant.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in North Fort Myers is approximately $1,700, which reflects the area's growing demand for rental units.
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