15190 Palm Isle DrFort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 15190 Palm Isle Dr, Fort Myers, FL, 33919 in Fort Myers worth modelling. At $320,000 with a 10.37% gross yield, the $2,765/mo rent leaves $183/mo after the $1,439/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.92 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $88,410 by year five; $2,947/yr in principal reduction adds further equity. Total projected return: $135,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.8% |
| Monthly Cash Flow | $183 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,765 |
| Total Monthly Debt Service | $2,455 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
4,443 sqft lot
$N/A/sqft
$420 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
4,443 sqft lot
$N/A/sqft
$420 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carianne DeNava • Palm Paradise Realty Group
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2026005533
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