Is North Fort Myers, FL a good place to invest in rental property?

North Fort Myers, FL has a median modeled monthly cash flow of $-664 and a median cap rate of 3.6%, on a median sold price of $305,000. Prices changed -4.7% year over year.

What is the average cap rate in North Fort Myers, FL?

The median cap rate across recently sold homes in North Fort Myers, FL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Fort Myers, FL?

The median sold price in North Fort Myers, FL is $305,000 (about $183 per square foot).

Investing in North Fort Myers, FL Real Estate

A data-driven snapshot of the North Fort Myers, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$305,000Median sold price

$183Median $/sqft

3.6%Median cap rate

$-664Modeled cash flow / mo

-4.7%Appreciation YoY

60.0Months of supply

1,544Active listings

309Sold (last 12 mo)

What the North Fort Myers numbers say

In North Fort Myers, FL, the median home sold for $305,000 (about $183 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-664 of monthly cash flow. Sold prices moved -4.7% over the past year. Inventory sits at about 60.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See North Fort Myers cash-flowing listings

CashFlowRE ranks every for-sale home in North Fort Myers, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen North Fort Myers deals, or browse the national market data.