6300 S Pointe Blvd APT 116, Fort Myers, FL, 33919 | $490/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

Rental property for sale in Fort Myers at 6300 S Pointe Blvd APT 116, Fort Myers, FL, 33919 generates $1,485/mo in rent and, after a $734/mo payment, leaves $490/mo in cash flow. Total monthly income is $1,485/mo, and annual cash flow is $5,879/yr on $49,692 invested. Return on cash invested sits at 31.74% in year one, and rental yield is 11.89% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 166.87% and total cumulative return in cash sums $82,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,485/mo property income rather than buyer’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA