4612 Flagship Dr APT 405Fort 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 4612 Flagship Dr APT 405, Fort Myers, FL, 33919 uses $111,218 cash to close to unlock $6,745/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,642/mo payment keeps the spread at $562/mo. Purchase price stands at $335,500, and rental yield measures 9.99% with $2,794/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $92,692 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash records $151,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,642/mo payment rather than investor’s personal income.
Condo
Built in 1982
0.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Blais • Rossman Realty Group Inc
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025008114
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.