255 Periwinkle Way, Unit 5B, Sanibel, FL 33957

Sanibel, FL 33957 · 2 bd · 2 ba · 966 sqft · Condo · 486 days on market

The math, in full

Asking price: $1,250,000
Down payment (20%): $250,000
Loan amount: $1,000,000
Est. monthly rent: $15,100/mo; Range $12,835 to $17,365/mo
Monthly payment, all-in: $11,759/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.28; $15,100 rent ÷ $11,759 payment
Monthly cashflow: +$3,341/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

$250,000

20% down on $1,250,000

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.