15134 Cloverdale Dr,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 15134 Cloverdale Dr, Fort Myers, FL, 33919 listed at $328,000 pairs $2,584/mo rent with a $1,605/mo payment to leave $408/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $4,893/yr on $108,732 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 9.45% at a $328,000 basis. Equity gained on principal adds $2,117/yr, and annual property appreciation at 5% supports $90,620 by year five. Five-year ROI tracks 127.55% and total cumulative return in cash totals $138,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,605/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).