14801 Park Lake Dr APT 310Fort 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
Total monthly income runs $2,182/mo, and a $1,287/mo payment. Purchase price stands at $262,900, and rental yield measures 9.96% with $2,182/mo rent. Return on cash invested shows 17.91% in year one, and 5% annual appreciation builds toward $72,634 over five years. Five-year ROI reaches 95.6% and total cumulative return in cash records $83,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,182/mo property income covering a $1,287/mo payment rather than investor’s personal income.
Condo
Built in 2001
0.32 Acres lot
$N/A/sqft
$6,860 annually HOA
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Nearby investment properties with comparable prices
Listed by: Cindy Burdick • Berkshire Hathaway Florida
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224072477
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.