10450 Wine Palm Rd APT 5726Fort 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 10450 Wine Palm Rd APT 5726, Fort Myers, FL, 33966 offers a 19.14% rental yield on a $459,000 purchase with $7,322/mo rent. Total monthly income registers $7,322/mo, and a $2,247/mo payment leaves $3,354/mo available for distribution. Annual cash flow reaches $40,242/yr on $152,159 to close, and return on cash invested stands at 46.36% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 247.9% and total cumulative return in cash at $377,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,322/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
0.27 Acres lot
$N/A/sqft
$10,500 annually HOA
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Listed by: Camilo Perez • Home Sold Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224084130
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.