1384 Burgundy Dr,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 1384 Burgundy Dr, Fort Myers, FL, 33919 offers a 8.32% rental yield on a $589,900 purchase with $4,090/mo rent. Total monthly income registers $4,090/mo, and a $2,887/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,107/yr on $194,077 to close, and return on cash invested stands at 21.15% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 110.03% and total cumulative return in cash at $213,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,090/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.