For SaleRisky Deal1 days on market

11730 Vista Ridge Dr

11730 Vista Ridge Dr, Fort Myers, FL 33913, Fort Myers, FL 33913
$499,900

Listing Price

Property image 1
11730 Vista Ridge Dr, Fort Myers, FL 33913
Loc: Fort Myers, FL
Days Listed
1
Tax Assessed
$321k
Lot Size
1.25 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

3

G. Weaver Hipps Elementary School

PK-5
4.2 mi away
4

Veterans Park Academy For The Arts

PK-8
4.6 mi away
5

Gateway High School

9-12
2.4 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence2019Central, ElectricCentral Air, Ceiling Fan(s), ElectricOpen Parking1.25 Acres2 Days$501

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.16%
Total ROI
92.8%
Cash Flow
$-26/mo
DSCR
0.99
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-26/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.2%)
  • Strong rental demand in Fort Myers
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-13Listed for sale$499,900$501
2015-03-06Sold$25,000$25
2015-02-21Price change$30,000$30
2015-01-16Listed for sale$40,000$40
2003-11-06Sold$1,000$1

Tax History

YearProperty TaxTax Assessment
2025$3,385.31$261,806
2024$3,328.98$254,428
2023$3,140.91$247,017
2022$2,953.91$239,822
2021$2,855.48$232,837
2020$2,232.35$186,526
2019$233.43$16,510
2018$233.43$14,097
2017$207.14$13,808
2016$212.06$14,097
2015$186.02$11,748
2014$196.92$11,748
2013$199.53$11,748
2012$196.48$11,748
2011$204.19$12,002
2010$208.19$12,002
2009$223.52$13,340
2008$867.44$54,860
2007$1,625.49$101,600
2006$953.69$58,420
2004$163.95$8,510
2003$134.58$6,730
2002$136.34$6,730
2000$0$6,730
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
997
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 2b/2ba in Fort Myers
+18% vs. list
$
$44,865
75% Rule
Maximum Allowable Offer (MAO)
$397,547

Calculated as (75% × $589,882) − $44,865

Asking Price is $102,353 (20.5%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $397,547 based on $44,865 in required updates.
Current Asking Price:$499,900
Estimated ARV:$589,882
Estimated Renovation:$44,865
All-In Capital Basis (MAO + Rehab):$442,412
Projected Equity Margin:+$147,470
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $499,900[Estimated] Rent: $3,999/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $250/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.16%

NOI: $30,807/yr

Cash-on-Cash Yield
-0.3%

On $114,977 invested

DSCR Ratio
0.99x

Negative debt coverage

5-Yr Leveraged ROI
+92.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.98% of basis)-$262/mo
[Estimated]Homeowner / Hazard Insurance-$250/mo
[Defaulted]Vacancy Reserve (5% of rent)-$200/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$400/mo
[Defaulted]Property Management (8% of rent)-$320/mo
Total Pure Operating Expenses-$1,432/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,999/mo
Less: Operating Expenses-$1,432/mo
Net Operating Income (NOI)+$2,567/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-27/mo
$-320/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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