13391 Gateway Dr APT 124Fort 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 13391 Gateway Dr APT 124, Fort Myers, FL, 33919 listed at $145,000 pairs $1,141/mo rent with a $710/mo payment. Total monthly income runs $1,141/mo. Return on cash invested measures 7.7% in year one, and rental yield registers 9.44% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 44.1% and total cumulative return in cash totals $21,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,141/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
0.26 Acres lot
$N/A/sqft
$8,008 annually HOA
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Listed by: Melanie Holaway • John R. Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225031308
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.