14831 Park Lake Dr APT 110, Fort Myers, FL, 33919 | $163/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1033 sft

12581 Equestrian Cir APT 1002, Fort Myers, FL, 33907

2 Bed
2 Bath
1106 sft

230 Tangerine Dr, Fort Myers, FL, 33905

2 Bed
2 Bath
1141 sft

1005 SE 40th St APT 4, Cape Coral, FL, 33904

2 Bed
2 Bath
720 sft

26231 Imperial Harbor BLVD, Bonita Springs, FL, 34135

Nearby investment properties with comparable prices

2 Bed
1 Bath
873 sft

4121 Residence DR #323, Fort Myers, FL, 33901

2 Bed
2 Bath
1372 sft

11311 Louisiana Dr LOT 372, Bonita Springs, FL, 34135

4 Bed
2 Bath
1478 sft

285 Buffalo Way #285, North Fort Myers, FL, 33917

Davenport - VOG Plan, Island Vista Estates

4 Bed
2 Bath
1478 sft

Davenport - VOG Plan, Island Vista Estates, Fort Myers, FL, 33903

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Myers at 14831 Park Lake Dr APT 110, Fort Myers, FL, 33919 earns $163/mo cash flow from $1,351/mo rent with a $876/mo payment. Total monthly income totals $1,351/mo, and annual cash flow totals $1,961/yr on $59,305 capital. ROI tracks 23.22% on current figures, and rental yield reads 9.06% at a $178,900 purchase. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,427 over five years. Five-year ROI reaches 121.2% and total cumulative return in cash sums $71,875. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,351/mo property income instead of your personal income.

Condo

Built in 2001

N/A lot

$N/A/sqft

No HOA