5824 Wild Fig LnFort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5824 Wild Fig Ln, Fort Myers, FL, 33919 in Fort Myers carries a 1.78 coverage ratio, rent of $2,518/mo is 1.78 times the $1,416/mo payment. Rental yield 9.59%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $315,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $87,029; total projected cumulative return: $147,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.8% |
| Monthly Cash Flow | $(258) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,518 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 1.28x |
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 1985
3,920 sqft lot
$N/A/sqft
No 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 1985
3,920 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory McNeill • Palm Paradise Realty Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026005606