168 Siesta LnFort MyersFL33905
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 168 Siesta Ln, Fort Myers, FL, 33905 in Fort Myers speaks for itself: 19.75% gross on a $109,000 price, generating $1,794/mo in rent and $765/mo in net income after the $490/mo debt service. DSCR 3.66, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,179 stacks alongside $30,115 in projected five-year appreciation and $1,004/yr in principal reduction. Projected total cumulative return: $92,145.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.8% | 6.8% |
| Monthly Cash Flow | $765 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $986 |
| DSCR Ratio | 1.82x |
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.
Manufactured
Built in 1977
3,920 sqft lot
$N/A/sqft
$2,736 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
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
Manufactured
Built in 1977
3,920 sqft lot
$N/A/sqft
$2,736 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33905, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,700 (100%) |
| Owner Occupied HU | 11,821 (57.1%) |
| Renter Occupied HU | 5,669 (27.4%) |
| Vacant Housing Units | 3,210 (15.5%) |
| Median Home Value | $385,883 |
| Average Home Value | $455,350 |
Housing Distribution
Address Breakdown
Residential
17,531
Single Family
15,853
Multi-Family
1,678
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices