10225 Bismark Palm Way APT 1626Fort MyersFL33966
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderA DSCR of 1.51 makes 10225 Bismark Palm Way APT 1626, Fort Myers, FL, 33966 in Fort Myers one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 7.23%. The 7.23% yield, 5% annual appreciation ($110,513 over five years), and $3,684/yr in principal reduction project a total cumulative return of $103,426.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.8% |
| Monthly Cash Flow | $(1,651) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,713 |
| Total Monthly Debt Service | $3,375 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
0.25 Acres lot
$N/A/sqft
$8,368 annually HOA
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
Condo
Built in 2001
0.25 Acres lot
$N/A/sqft
$8,368 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edith Lomason • Michael Saunders & Company
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225044118
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