1310 Broadwater DrFort 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 1310 Broadwater Dr, Fort Myers, FL, 33919 generates $1,575/mo in rent, after a $979/mo payment. Total monthly income is $1,575/mo. Return on cash invested sits at 7.7% in year one, and rental yield is 9.45% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 44.03% and total cumulative return in cash sums $29,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,575/mo property income rather than buyer’s personal income.
Condo
Built in 1983
10,210 sqft lot
$N/A/sqft
$11,064 annually HOA
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Listed by: Stacey Glenn • John R. Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224092793
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.