For SaleRisky Deal0 days on market

13880 13880 lazy LN

13880 13880 lazy LN, FORT MYERS, FL 33905, Fort Myers, FL 33905

$480,000

Listing Price

13880 13880 lazy LN, FORT MYERS, FL 33905

Loc: Fort Myers, FL

Days Listed

Lot Size

0.37 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.

River Hall Elementary School

PK-5

1.9 mi away

The Alva School

PK-8

7.6 mi away

Riverdale High School

9-12

1 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 Residence1964CentralCentral Air2 Attached Garage spaces0.37 Acres1 Day$318

Haven AI Verdict

Recommendation

Risky

Confidence Score: 2/10

Exercise caution due to potential market volatility.

Cap Rate

5.81%

Total ROI

85.2%

Cash Flow

$-166/mo

DSCR

0.93

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-166/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Favorable cap rate profile (5.8%)
• 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

Date	Event	Price	Price/sqft
2026-09-14	Listed for sale	$480,000	$318

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

1,511

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.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 3b/2ba in Fort Myers

+18% vs. list

Rehab Budget & Scope (1,511 sq ft)$67,995

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$356,805

Calculated as (75% × $566,400) − $67,995

Asking Price is $123,195 (25.7%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $356,805 based on $67,995 in required updates.

Current Asking Price:$480,000

Estimated ARV:$566,400

Estimated Renovation:$67,995

All-In Capital Basis (MAO + Rehab):$424,800

Projected Equity Margin:+$141,600

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: $480,000[Estimated] Rent: $3,840/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $240/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

5.81%

NOI: $27,898/yr

Cash-on-Cash Yield

-1.8%

On $110,400 invested

DSCR Ratio

0.93x

Negative debt coverage