10225 Bismark Palm Way APT 1626Fort MyersFL33966
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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
Total monthly income runs $2,713/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 8.14% with $2,713/mo rent. Return on cash invested shows 12.48% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 66.46% and total cumulative return in cash records $88,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Condo
Built in 2001
0.25 Acres lot
$N/A/sqft
$8,368 annually HOA
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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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