4301 Island Cir #2Fort MyersFL33919
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
Investment Highlights
Investment property for sale in Fort Myers at 4301 Island Cir #2, Fort Myers, FL, 33919 offers a 13.18% rental yield on a $201,900 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $988/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,474/yr on $66,930 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,303/yr while 5% annual appreciation supports $55,781 over five years. Portfolio math shows five-year ROI at 127.68% and total cumulative return in cash at $85,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $988/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
5,911 sqft lot
$N/A/sqft
$7,416 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Wilson • Lee County Realty, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224087253
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.