5589 Buring CtFort 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 5589 Buring Ct, Fort Myers, FL, 33919 at $275,000 posts ROI 20.61% with $53/mo cash flow from $2,435/mo rent. Total monthly income equals $2,435/mo, and annual cash flow records $641/yr on $91,163 to close. Return on cash invested measures 20.61% and rental yield reads 10.63% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 109.87% and total cumulative return in cash totals $100,163.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
4,495 sqft lot
$N/A/sqft
$5,640 annually HOA
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Listed by: Bob Oxnard • Genesis Realty Team
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225033899
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.