7029 Granada Lakes Dr, Fort Myers, FL, 33967 | $809/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 7029 Granada Lakes Dr, Fort Myers, FL, 33967 uses $46,079 cash to close to unlock $9,707/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $1,731/mo, and a $680/mo payment keeps the spread at $809/mo. Purchase price stands at $139,000, and rental yield measures 14.94% with $1,731/mo rent. Return on cash invested shows 40.98% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 216.38% and total cumulative return in cash records $99,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,731/mo property income covering a $680/mo payment rather than investor’s personal income.

Condo

Built in 2006

3,484 sqft lot

$N/A/sqft

No HOA