6842 Bogey Dr,Fort Myers,FL,33919

Investment Highlights

Rental property for sale in Fort Myers at 6842 Bogey Dr, Fort Myers, FL, 33919 offers $1,422/mo rent that, after a $778/mo payment, leaves $367/mo cash flow. Total monthly income is $1,422/mo, and annual cash flow is $4,405/yr on $52,709 cash. Return on cash invested measures 28.27% in year one, and rental yield stands at 10.73% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 148.35% and total cumulative return in cash reaches $78,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,422/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.