Pays for itselfFits 3 partner lending programs

1847 Henderson Ave, Fort Myers, FL 33916

Fort Myers, FL 33916 · 4 bd · 2 ba · 1,300 sqft · Single Family · 42 days on market

The math, in full

Asking price
$198,000
Down payment (15%)
$29,700
Loan amount
$168,300
Est. monthly rent
Range $2,210–$2,990/mo
$2,600/mo
Monthly payment, all-in
Mortgage + taxes + insurance (PITIA)
$1,627/mo
Cashflow ratio (DSCR)
$2,600 rent ÷ $1,627 payment
1.60
Monthly cashflow
What's left after the payment
+$973/mo

Where the rent number comes from

Median asking rent for 4-bedroom homes in zip 33916, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$29,700

15% down on $198,000

No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 3 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.