6184 Michelle Way APT 125, Fort Myers, FL, 33919 | $168/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Myers at 6184 Michelle Way APT 125, Fort Myers, FL, 33919 listed at $174,900 pairs $1,329/mo rent with a $856/mo payment to leave $168/mo cash flow. Total monthly income runs $1,329/mo, and annual cash flow reaches $2,021/yr on $57,979 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 9.12% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 122.17% and total cumulative return in cash totals $70,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,329/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1980

4,996 sqft lot

$N/A/sqft

No HOA