5959 Winkler Rd APT 213Fort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 5959 Winkler Rd APT 213, Fort Myers, FL, 33919 in Fort Myers is listed at $230,000 and delivers $2,298/mo in rent and $329/mo in net monthly cash flow. The 11.99% yield and 2.22 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $63,545 over five years, and $2,118/yr in principal reduction supplements cash return. Total projected cumulative return: $110,782.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.8% |
| Monthly Cash Flow | $329 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,298 |
| Total Monthly Debt Service | $1,878 |
| DSCR Ratio | 1.22x |
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 1979
0.35 Acres lot
$N/A/sqft
$5,316 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1979
0.35 Acres lot
$N/A/sqft
$5,316 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Chambre • Keller Williams Realty Fort Myers and the Islands
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #223087067
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.