10480 Washingtonia Palm Way APT 1126,Fort Myers,FL,33966

Investment Highlights

Investment property for sale in Fort Myers at 10480 Washingtonia Palm Way APT 1126, Fort Myers, FL, 33966 offers a 8.16% rental yield on a $315,000 purchase with $2,142/mo rent. Total monthly income registers $2,142/mo, and a $1,542/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $616/yr on $104,423 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 106.63% and total cumulative return in cash at $111,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,142/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.