5816 Whiting 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
Rental property for sale in Fort Myers at 5816 Whiting Ct, Fort Myers, FL, 33919 priced at $120,000 converts $3,157/mo rent into $1,537/mo cash flow after a $587/mo obligation. Total monthly income equals $3,157/mo, and annual cash flow totals $18,438/yr on $39,780 invested. Return on cash invested prints 66.26% in year one, and rental yield reads 31.57% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 361.04% and total cumulative return in cash sums $143,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,157/mo property income covering a $587/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
3,667 sqft lot
$N/A/sqft
$717 monthly HOA
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Listed by: Liz Williamson • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225044669
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.