14746 Calusa Palms Dr APT 102Fort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 14746 Calusa Palms Dr APT 102, Fort Myers, FL, 33919 in Fort Myers deserves attention. This $251,000 property earns $2,562/mo in rent, a 12.25% gross yield, and nets $689/mo after the $1,129/mo payment. DSCR 2.27 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $69,347 compounds alongside $2,312/yr in yearly equity build, for a total cumulative return of $140,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.8% |
| Monthly Cash Flow | $689 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,562 |
| Total Monthly Debt Service | $1,773 |
| DSCR Ratio | 1.44x |
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 2005
10,132 sqft lot
$N/A/sqft
$623 quarterly 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 2005
10,132 sqft lot
$N/A/sqft
$623 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sande Ellis • Keller Williams Realty Fort Myers and the Islands
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225048521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.