1408 Charles CtFort 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 1408 Charles Ct, Fort Myers, FL, 33919 at $375,000 posts ROI 23.37% with $359/mo cash flow from $2,946/mo rent. Total monthly income equals $2,946/mo, and annual cash flow records $4,302/yr on $124,313 to close. Return on cash invested measures 23.37% and rental yield reads 9.43% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 122.35% and total cumulative return in cash totals $152,091.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,946/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
10,280 sqft lot
$N/A/sqft
No HOA
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Listed by: Mark Vancosky • ERA Right Choice Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225041163
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.