14571 Glen Cove Dr APT 1001Fort 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
Rental property for sale in Fort Myers at 14571 Glen Cove Dr APT 1001, Fort Myers, FL, 33919 generates $2,794/mo in rent, after a $1,713/mo payment. Total monthly income is $2,794/mo. Return on cash invested sits at 17.08% in year one, and rental yield is 9.58% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 91.07% and total cumulative return in cash sums $105,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.
Condo
Built in 1999
5,915 sqft lot
$N/A/sqft
$7,800 annually HOA
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Listed by: Tina Burge • Keller Williams Elite Realty 2
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225026949
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.