5313 Summerlin Rd #1302, Fort Myers, FL, 33919 | $493/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

Rental property for sale in Fort Myers at 5313 Summerlin Rd #1302, Fort Myers, FL, 33919 generates $1,594/mo in rent and, after a $812/mo payment, leaves $493/mo in cash flow. Total monthly income is $1,594/mo, and annual cash flow is $5,915/yr on $55,029 invested. Return on cash invested sits at 30.66% in year one, and rental yield is 11.52% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 161.07% and total cumulative return in cash sums $88,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.

Condo

Built in 1985

9,336 sqft lot

$N/A/sqft

No HOA