10461 Washingtonia Palm Way APT 3436, Fort Myers, FL, 33966 | 7.41% Rental Yield

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

Investment property for sale in Fort Myers at 10461 Washingtonia Palm Way APT 3436, Fort Myers, FL, 33966 offers a 7.41% rental yield on a $319,000 purchase with $1,970/mo rent. 25% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 94.53% and total cumulative return in cash at $99,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2003

10,794 sqft lot

$N/A/sqft

No HOA