14461 Lakewood Trace Ct APT 206Fort 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 14461 Lakewood Trace Ct APT 206, Fort Myers, FL, 33919 uses $66,267 cash to close to unlock $4,954/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,739/mo, and a $978/mo payment keeps the spread at $413/mo. Purchase price stands at $199,900, and rental yield measures 10.44% with $1,739/mo rent. Return on cash invested shows 27.38% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 143.53% and total cumulative return in cash records $95,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,739/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
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Listed by: Candice Carter • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #225045023