8056 Queen Palm Ln APT 635, Fort Myers, FL, 33966 | 7.78% Rental Yield

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 8056 Queen Palm Ln APT 635, Fort Myers, FL, 33966 generates $1,808/mo in rent, after a $1,366/mo payment. Total monthly income is $1,808/mo. Return on cash invested sits at 19.34% in year one, and rental yield is 7.78% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 100.43% and total cumulative return in cash sums $92,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,808/mo property income rather than buyer’s personal income.

Condo

Built in 2000

10,794 sqft lot

$N/A/sqft

No HOA