15010 Sandpiper Preserve Blvd APT 203Fort 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 15010 Sandpiper Preserve Blvd APT 203, Fort Myers, FL, 33919 uses $102,765 cash to close to unlock $29,506/yr annual cash flow and $2,459/mo monthly cash flow. Total monthly income runs $5,183/mo, and a $1,517/mo payment keeps the spread at $2,459/mo. Purchase price stands at $310,000, and rental yield measures 20.06% with $5,183/mo rent. Return on cash invested shows 48.62% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 260.21% and total cumulative return in cash records $267,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,183/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 2014
0.26 Acres lot
$N/A/sqft
$7,616 annually HOA
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Listed by: Barbara J Rich • Sun Village Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224083751
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.