8555 Bernwood Cove LOOP #105Fort MyersFL33966
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fort Myers rentals match the income profile of 8555 Bernwood Cove LOOP #105, Fort Myers, FL, 33966. Listed at $181,900, gross rent is $1,790/mo and net cash flow is $583/mo, a 11.81% yield well above national averages. DSCR 2.19 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $50,256 by year five with $1,675/yr in annual principal reduction, projecting $106,879 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.8% |
| Monthly Cash Flow | $583 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,790 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.58x |
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
6,908 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 2005
6,908 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Abreu • Realty One Group MVP
Mls Name: SWFLMLS
Mls ID: #225073685