4105 Residence Dr APT 718Fort MyersFL33901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 4105 Residence Dr APT 718, Fort Myers, FL, 33901 in Fort Myers clears it at 1.81, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.77%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $58,544; $1,952/yr in principal equity; total projected return: $79,914.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.8% |
| Monthly Cash Flow | $(38) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,726 |
| Total Monthly Debt Service | $1,680 |
| DSCR Ratio | 1.03x |
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
N/A lot
$N/A/sqft
$3,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
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
N/A lot
$N/A/sqft
$3,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33901, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,959 (100%) |
| Owner Occupied HU | 4,640 (35.8%) |
| Renter Occupied HU | 6,722 (51.9%) |
| Vacant Housing Units | 1,597 (12.3%) |
| Median Home Value | $398,174 |
| Average Home Value | $484,963 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
6,857
Multi-Family
4,281
Businesses
1,822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Rynkiewicz • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224083880
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.