2230 Camino Del Mar Dr, Unit 1C4, Sanibel, FL 33957

Sanibel, FL 33957 · 2 bd · 2 ba · 930 sqft · Condo · 413 days on market

The math, in full

Asking price: $975,000
Down payment (15%): $146,250
Loan amount: $828,750
Est. monthly rent: $12,200/mo; Range $10,370–$14,030/mo
Monthly payment, all-in: $9,278/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.31; $12,200 rent ÷ $9,278 payment
Monthly cashflow: +$2,922/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 2-bedroom homes in zip 33957, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$146,250

15% down on $975,000

Your local lender

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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.