13151 Kings Point Dr APT 6AFort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 13151 Kings Point Dr APT 6A, Fort Myers, FL, 33919 in Fort Myers speaks for itself: 17.39% gross on a $153,000 price, generating $2,218/mo in rent and $973/mo in net income after the $688/mo debt service. DSCR 3.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,675 stacks alongside $42,271 in projected five-year appreciation and $1,409/yr in principal reduction. Projected total cumulative return: $121,989.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 6.8% |
| Monthly Cash Flow | $973 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,218 |
| Total Monthly Debt Service | $1,184 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1964
N/A lot
$N/A/sqft
$2,752 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1964
N/A lot
$N/A/sqft
$2,752 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices