6184 Michelle Way APT 206, Fort Myers, FL, 33919 | $152/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 206, Fort Myers, FL, 33919 earns $152/mo cash flow from $1,313/mo rent with a $856/mo payment. Total monthly income totals $1,313/mo, and annual cash flow totals $1,829/yr on $57,979 capital. ROI tracks 23.06% on current figures, and rental yield reads 9.01% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash sums $69,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,313/mo property income instead of your personal income.

Condo

Built in 1980

5,013 sqft lot

$N/A/sqft

No HOA