13521 Eagle Ridge Dr APT 128Fort MyersFL33912
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 13521 Eagle Ridge Dr APT 128, Fort Myers, FL, 33912 in Fort Myers earns a 9.89% gross yield at $177,000. Rent of $1,459/mo nets $284/mo after the $796/mo mortgage. The 1.83 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $48,902 and $1,630/yr in equity accumulation project a total cumulative return of $85,770.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.8% |
| Monthly Cash Flow | $284 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,459 |
| Total Monthly Debt Service | $1,104 |
| DSCR Ratio | 1.32x |
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 1990
7,575 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
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 1990
7,575 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jorge Zea Zea • Blue Lighthouse Realty Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025020769