8066 Queen Palm Ln APT 513, Fort Myers, FL, 33966 | $46/mo Cash Flow

For Sale

Listed for sale 7 days ago

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 8066 Queen Palm Ln APT 513, Fort Myers, FL, 33966 generates $2,004/mo in rent and, after a $1,444/mo payment, leaves $46/mo in cash flow. Total monthly income is $2,004/mo, and annual cash flow is $555/yr on $97,793 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 8.15% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $104,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.

Condo

Built in 2000

1,089 sqft lot

$N/A/sqft

No HOA