10350 Washingtonia Palm Way APT 4213Fort 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
Investment property for sale in Fort Myers at 10350 Washingtonia Palm Way APT 4213, Fort Myers, FL, 33966 offers a 8.55% rental yield on a $259,500 purchase with $1,849/mo rent. 52% in year one. Equity gained on principal adds $1,675/yr while 5% annual appreciation supports $71,695 over five years. Portfolio math shows five-year ROI at 27.14% and total cumulative return in cash at $23,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,849/mo property income against a $1,270/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
10,794 sqft lot
$N/A/sqft
$14,284 annually HOA
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Listed by: Jeremy Betts • RE/MAX Trend
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225059323
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.