5321 Summerlin Rd #2112Fort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 5321 Summerlin Rd #2112, Fort Myers, FL, 33919 in Fort Myers worth modelling. At $185,000 with a 11.32% gross yield, the $1,745/mo rent leaves $12/mo after the $832/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.10 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $51,112 by year five; $1,704/yr in principal reduction adds further equity. Total projected return: $73,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.8% |
| Monthly Cash Flow | $12 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,745 |
| Total Monthly Debt Service | $1,659 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
9,326 sqft lot
$N/A/sqft
$5,888 annually HOA
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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
Condo
Built in 1985
9,326 sqft lot
$N/A/sqft
$5,888 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices