1416 Charles Rd, Fort Myers, FL, 33919 | $10/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Myers at 1416 Charles Rd, Fort Myers, FL, 33919 uses $89,174 cash to close to unlock $126/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $1,796/mo, and a $1,317/mo payment keeps the spread at $10/mo. Purchase price stands at $269,000, and rental yield measures 8.01% with $1,796/mo rent. Return on cash invested shows 20.05% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 104.21% and total cumulative return in cash records $92,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $1,317/mo payment rather than investor’s personal income.

Single Family

Built in 1958

7,884 sqft lot

$N/A/sqft

No HOA