10461 Washingtonia Palm Way APT 3423Fort 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 10461 Washingtonia Palm Way APT 3423, Fort Myers, FL, 33966 earns from $2,181/mo rent with a $1,615/mo payment. Total monthly income totals $2,181/mo. ROI tracks 6.23% on current figures, and rental yield reads 7.93% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 35.02% and total cumulative return in cash sums $38,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,181/mo property income instead of your personal income.
Condo
Built in 2003
10,794 sqft lot
$N/A/sqft
$13,898 annually HOA
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Listed by: Wade H Abed • Royal Shell Real Estate, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225064769
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.