10985 Cherry Laurel DrFort myersFL33912
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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
Investment Highlights
Total monthly income runs $3,215/mo, and a $2,569/mo payment. Purchase price stands at $524,900, and rental yield measures 7.35% with $3,215/mo rent. Return on cash invested shows 18.2% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 94.22% and total cumulative return in cash records $162,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,215/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Single Family
Built in 2016
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33912, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,254 (100%) |
| Owner Occupied HU | 7,960 (60.1%) |
| Renter Occupied HU | 2,220 (16.7%) |
| Vacant Housing Units | 3,074 (23.2%) |
| Median Home Value | $488,563 |
| Average Home Value | $541,601 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
9,150
Multi-Family
2,596
Businesses
1,257
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Listed by: Courtney Dorsey • Banyan Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025012317