8416 Bernwood Cove LOOP #1602, Fort Myers, FL, 33966 | $240/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 8416 Bernwood Cove LOOP #1602, Fort Myers, FL, 33966 listed at $215,000 pairs $1,666/mo rent with a $1,052/mo payment to leave $240/mo cash flow. Total monthly income runs $1,666/mo, and annual cash flow reaches $2,874/yr on $71,273 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 9.3% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 125.08% and total cumulative return in cash totals $89,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,666/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2006

6,751 sqft lot

$N/A/sqft

No HOA