13151 Kings Point Dr APT 6AFort 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 13151 Kings Point Dr APT 6A, Fort Myers, FL, 33919 earns $973/mo cash flow from $2,218/mo rent with a $749/mo payment. Total monthly income totals $2,218/mo, and annual cash flow totals $11,678/yr on $50,720 capital. ROI tracks 42.93% on current figures, and rental yield reads 17.4% at a $153,000 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,271 over five years. Five-year ROI reaches 228.95% and total cumulative return in cash sums $116,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,218/mo property income instead of your personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$2,752 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet E Gasper • Baybeach Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224031940
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.