7023 Cedarhurst Dr #10AFort MyersFL33919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.98 makes 7023 Cedarhurst Dr #10A, Fort Myers, FL, 33919 in Fort Myers one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.7%. The 10.7% yield, 5% annual appreciation ($38,652 over five years), and $1,288/yr in principal reduction project a total cumulative return of $46,516.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.8% |
| Monthly Cash Flow | $(137) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,247 |
| Total Monthly Debt Service | $1,329 |
| DSCR Ratio | 0.94x |
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 1979
5,941 sqft lot
$N/A/sqft
$5,100 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 1979
5,941 sqft lot
$N/A/sqft
$5,100 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Neal • Epique Realty, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224090700
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.