4384 Bowsprit Ct APT 2B, Fort Myers, FL, 33919 | $76/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

Investment property for sale in Fort Myers at 4384 Bowsprit Ct APT 2B, Fort Myers, FL, 33919 offers a 8.27% rental yield on a $299,500 purchase with $2,064/mo rent. Total monthly income registers $2,064/mo, and a $1,466/mo payment leaves $76/mo available for distribution. Annual cash flow reaches $916/yr on $99,284 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,933/yr while 5% annual appreciation supports $82,746 over five years. Portfolio math shows five-year ROI at 108.39% and total cumulative return in cash at $107,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $1,466/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA