24480 Reserve Ct APT 103Bonita SpringsFL34134
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder24480 Reserve Ct APT 103, Bonita Springs, FL, 34134 in Bonita Springs is a stable, well-positioned rental at $585,000. Rental yield 7.52%. DSCR 1.39 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $161,625 in value and $5,388/yr in principal paydown builds equity, a total projected return of $146,727.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $(1,255) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,666 |
| Total Monthly Debt Service | $4,688 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1995
7,753 sqft lot
$N/A/sqft
$11,618 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 1995
7,753 sqft lot
$N/A/sqft
$11,618 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Scherer • Excel Real Estate Services Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225011643
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.