5858 Harbour Club RdFort 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 5858 Harbour Club Rd, Fort Myers, FL, 33919 priced at $160,000 pairs $2,656/mo rent with $877/mo cash flow after a $783/mo payment. Total monthly income equals $2,656/mo, and annual cash flow comes to $10,528/yr on $53,040 invested. Return on cash invested is 39.76% in year one, and rental yield stands at 19.92% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 215.82% and total cumulative return in cash reaches $114,470. For financing, Ziffy Mortgage’s DSCR program evaluates $2,656/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1975
3,802 sqft lot
$N/A/sqft
$8,604 annually HOA
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Listed by: Gerhard Jakobeit • RE/MAX Realty Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224102670
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.