6300 S Pointe Blvd APT 223,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 6300 S Pointe Blvd APT 223, Fort Myers, FL, 33919 listed at $165,000 pairs $1,612/mo rent with a $808/mo payment to leave $517/mo cash flow. Total monthly income runs $1,612/mo, and annual cash flow reaches $6,199/yr on $54,698 cash to close. Return on cash invested measures 31.24% in year one, and rental yield registers 11.72% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 164.23% and total cumulative return in cash totals $89,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).