9470 Ivy Brook Run APT 805Fort MyersFL33913
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 9470 Ivy Brook Run APT 805, Fort Myers, FL, 33913 in Fort Myers achieves 2.02, rent of $1,775/mo covers the $877/mo payment 1.5x over at $195,000. Rental yield 10.92%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $53,875 over five years, with $1,796/yr in principal reduction bringing total projected return to $71,209.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.8% |
| Monthly Cash Flow | $(87) | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,775 |
| Total Monthly Debt Service | $1,785 |
| DSCR Ratio | 0.99x |
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.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$1,625 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$1,625 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Auerbach • Palm Paradise Realty Group
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2026001412
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.