13151 Kings Point Dr E #6AFort 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
Investment property for sale in Fort Myers at 13151 Kings Point Dr E #6A, Fort Myers, FL, 33919 listed at $153,000 pairs $1,383/mo rent with a $749/mo payment to leave $138/mo cash flow. Total monthly income runs $1,383/mo, and annual cash flow reaches $1,658/yr on $50,720 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 10.85% at a $153,000 basis. Equity gained on principal adds $987/yr, and annual property appreciation at 5% supports $42,271 by year five. Five-year ROI tracks 123.01% and total cumulative return in cash totals $62,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,383/mo property income relative to a $749/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
N/A lot
$N/A/sqft
$2,752 annually HOA
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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 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.