14831 Park Lake Dr APT 309Fort 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 $2,218/mo, and a $1,096/mo payment. Purchase price stands at $223,900, and rental yield measures 11.89% with $2,218/mo rent. Return on cash invested shows 19.75% in year one, and 5% annual appreciation builds toward $61,859 over five years. Five-year ROI reaches 106.98% and total cumulative return in cash records $79,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,218/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Condo
Built in 2001
8,032 sqft lot
$N/A/sqft
$8,400 annually HOA
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Nearby investment properties with comparable prices
Listed by: Trish Kirby • Realty One Group MVP
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224067309
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.