7008 Constitution Blvd APT 74Fort MyersFL33967
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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
Investment Highlights
Investment property for sale in Fort Myers at 7008 Constitution Blvd APT 74, Fort Myers, FL, 33967 uses $71,273 cash to close to unlock $882/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,052/mo payment keeps the spread at $74/mo. Purchase price stands at $215,000, and rental yield measures 8.37% with $1,500/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 110.08% and total cumulative return in cash records $78,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1984
4,059 sqft lot
$N/A/sqft
No HOA
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Listed by: Stefanie Wilfong Steely • Starlink Realty, Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025002467