15068 Cloverdale DrFort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Solid Income15068 Cloverdale Dr, Fort Myers, FL, 33919 in Fort Myers carries a 1.52 coverage ratio, rent of $2,391/mo is 1.52 times the $1,569/mo payment. Rental yield 8.22%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $349,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $96,422; total projected cumulative return: $128,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.8% |
| Monthly Cash Flow | $(85) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,391 |
| Total Monthly Debt Service | $2,337 |
| DSCR Ratio | 1.02x |
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.
Single Family
Built in 1990
4,791 sqft lot
$N/A/sqft
$160 monthly 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
Single Family
Built in 1990
4,791 sqft lot
$N/A/sqft
$160 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leane T Suarez • John R. Wood Properties
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2260153
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