15061 Lakeside View Dr APT 1901, Fort Myers, FL, 33919 | $88/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Myers at 15061 Lakeside View Dr APT 1901, Fort Myers, FL, 33919 generates $2,245/mo in rent and, after a $1,591/mo payment, leaves $88/mo in cash flow. Total monthly income is $2,245/mo, and annual cash flow is $1,056/yr on $107,738 invested. Return on cash invested sits at 20.89% in year one, and rental yield is 8.29% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 108.68% and total cumulative return in cash sums $117,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,245/mo property income rather than buyer’s personal income.

Condo

Built in 1997

7,840 sqft lot

$N/A/sqft

No HOA