15021 Bridgeway Ln APT 1207,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 15021 Bridgeway Ln APT 1207, Fort Myers, FL, 33919 uses $82,179 cash to close to unlock $1,011/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $1,213/mo payment keeps the spread at $84/mo. Purchase price stands at $247,900, and rental yield measures 8.37% with $1,729/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $68,490 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash records $90,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $1,213/mo payment rather than investor’s personal income.