10371 Butterfly Palm Dr APT 834, Fort Myers, FL, 33966 | $93/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Myers at 10371 Butterfly Palm Dr APT 834, Fort Myers, FL, 33966 generates $2,342/mo in rent and, after a $1,659/mo payment, leaves $93/mo in cash flow. Total monthly income is $2,342/mo, and annual cash flow is $1,111/yr on $112,379 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 8.29% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash sums $122,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,342/mo property income rather than buyer’s personal income.

Condo

Built in 2004

10,794 sqft lot

$N/A/sqft

No HOA