1450-1460 Court Pl, Sanibel, FL 33957

Sanibel, FL 33957 · 5 bd · 4.5 ba · 2,996 sqft · Multi-Family · 277 days on market

The math, in full

Asking price: $995,000
Down payment (15%): $149,250
Loan amount: $845,750
Est. monthly rent: $9,250/mo; Range $7,863 to $10,638/mo
Monthly payment, all-in: $8,174/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.13; $9,250 rent ÷ $8,174 payment
Monthly cashflow: +$1,076/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 5-bedroom homes in zip 33957, from current market comps, not a per-property guess. Medium confidence: a moderate number of comparable rentals in this zip.

Cash to start

$149,250

15% down on $995,000

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 July 5, 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.