12501 McGregor Blvd APT 14Fort MyersFL33919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12501 McGregor Blvd APT 14, Fort Myers, FL, 33919 offers a 12.55% rental yield on a $198,000 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $969/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,119/yr on $65,637 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 124.58% and total cumulative return in cash at $81,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$5,652 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gloria Tate • Raso Realty Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224080509
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.