12962 Elm Creek CtFort MyersFL33919
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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
Rental property for sale in Fort Myers at 12962 Elm Creek Ct, Fort Myers, FL, 33919 generates $1,416/mo in rent, after a $1,028/mo payment. Total monthly income is $1,416/mo. Return on cash invested sits at 17.33% in year one, and rental yield is 8.09% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 90.73% and total cumulative return in cash sums $63,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1,132 sqft lot
$N/A/sqft
$350 quarterly HOA
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Listed by: Richard Hewins • Gulf Gateway Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025006605
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