57 Laconia Ct #57Fort 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
Rental property for sale in Fort Myers at 57 Laconia Ct #57, Fort Myers, FL, 33919 offers $1,632/mo rent that, after a $881/mo payment. Total monthly income is $1,632/mo. Return on cash invested measures 19.15% in year one, and rental yield stands at 10.88% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 102.87% and total cumulative return in cash reaches $61,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,632/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1974
5,210 sqft lot
$N/A/sqft
$475 monthly HOA
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Listed by: Maureen Santelises • MBT REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5114889
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511