5260 S Landings Dr APT 1005Fort MyersFL33919
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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
Investment Highlights
Investment property for sale in Fort Myers at 5260 S Landings Dr APT 1005, Fort Myers, FL, 33919 uses $135,252 cash to close to unlock $78/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,997/mo payment keeps the spread at $7/mo. Purchase price stands at $408,000, and rental yield measures 8.22% with $2,794/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 104.01% and total cumulative return in cash records $140,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,997/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
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Listed by: Lori Emmons • The Landings Realty, Inc.
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025003653
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