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C+ Composite 60.09
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +7.6/10.0
  • Schools +4.1/10.0
  • Livability +3.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$219,000

9335 Lord Rd · Bonita Springs, FL 34135
2 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 497 Days on market
Built 1976 4,573 sqft lot Est $180k · 22% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

Key facts

  • New coretec flooring
  • New electric panel
  • New appliances

Tags

NEW ROOFNEW APPLIANCESNEW ELECTRIC PANELNEW CORETEC FLOORINGNEWLY RENOVATED BATHROOMSMANICURED LANDSCAPING

Property features AI

Finance

  • Financial info: Pets allowed
  • HOA & community: Community amenities include clubhouse, fitness center, pool, bocce court, shuffleboard court, sidewalks, and private membership; Senior community

Exterior

  • Parking: Attached carport; Covered parking for 2 vehicles; Driveway (paved)
  • Security: Smoke detectors
  • Utilities: Public water; Public sewer; Cable available; High-speed internet available
  • Home design: Manufactured home; One story; Entry level: 1; Northwest facing
  • Construction: Metal roof; Vinyl siding construction; Built as manufactured construction
  • Exterior features: Lanai; Screened porch; Porch; Community pool; Irrigation from municipal source; Rectangular lot; Paved public road access; Lot faces southeast

Interior

  • Kitchen: Freezer; Disposal; Microwave; Range; Refrigerator
  • Bedrooms: Primary bedroom on the main level; Additional bedrooms on main level
  • Flooring: Vinyl flooring
  • Bathrooms: Two full bathrooms; Separate shower (shower only)
  • Heating & cooling: Central heating (electric); Window unit heating available; Central air conditioning (electric); Ceiling fans; Window unit cooling available
  • Interior features: Unfurnished; Jalousie windows with window coverings; Bedroom on main level; Living/dining room combination; Main level primary bedroom; Separate shower (shower only); Window treatments; Split bedroom floorplan
  • Laundry & utility: Washer hookup in garage; Dryer hookup in garage

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $219k.

Deal economics

  • At list price, monthly cash flow is $445 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $219k).
  • Recommended offer: $193k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.1% vs local median 1.7% in Bonita Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 70/100 on livability (#428 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A; Watch: schools C-, cost of living C-, health & safety D.
  • Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-0.6%/yr); 835 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 497 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 11y ago; this cycle's ask has dropped $31k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $122k; list at $219k implies a 80% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $192,720 (12.0% below list)

Questions for the listing agent

  1. It's been on market 497 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.26%
Cap rate
11.07%
Cash-on-cash
17.05%
DSCR
1.76
GRM
6.6

CMA / ARV

ARV (on-the-fly)
$179,520
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
26129 Countess Ln 0.17mi 2/2.0 1,056 (0%) 1mo $179,000 $170 91
26104 Kings Rd 0.07mi 2/2.0 1,056 (0%) 17mo $215,000 $204 83
26149 Kings Rd 0.04mi 2/2.0 1,056 (0%) 23mo $200,000 $189 79
26236 Queen Mary Ln 0.36mi 2/2.0 1,072 (+2%) 4mo $230,000 $215 77
26282 Princess Ln 0.24mi 2/1.5 1,000 (-5%) 19mo $140,000 $140 62
26271 Princess Ln 0.22mi 2/2.0 897 (-15%) 23mo $142,000 $158 46
10191 Wales Loop 0.67mi 2/2.0 1,152 (+9%) 15mo $140,000 $122 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-6.9%
Equity multiple
0.75×
Total profit
$-15,056
Equity at exit
$32,654
10-year hold
IRR
-2.0%
Equity multiple
0.88×
Total profit
$-7,143
Equity at exit
$18,935

Cash invested: $61,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 34135

Rents YoY
-0.6%
Active inventory
835
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$2,759 high interval (Pro) →
Mortgage (P&I)
$1,148
Tax from tax record
$68 /mo · $820/yr
Insurance
$91
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$579
Net cashflow
$445

Break-even live

Break-even rent $2,196
Max offer price $219,000
Occupancy floor 79%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$54,750
Closing costs
$6,570
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
25925 Pebblecreek Dr Bonita Springs, FL 2.0 2.0 1498 $3,400 $2.27 21d 1 0.32mi
26282 Queen Mary Ln Bonita Springs, FL 2.0 2.0 1236 $1,800 $1.46 23d 1 0.37mi
26603 Bonita Fairways Blvd Bonita Springs, FL 3.0 2.0 1308 $4,500 $3.44 15d 1 0.46mi
26680 Bonita Fairways Blvd #201 Bonita Springs, FL 2.0 2.0 1216 $4,500 $3.70 23d 1 0.48mi
9250 Highland Woods Blvd #2308 Bonita Springs, FL 2.0 2.0 1100 $1,995 $1.81 23d 1 0.48mi
9250 Highland Woods Blvd #2308 Bonita Springs, FL 2.0 2.0 1100 $1,995 $1.81 3d 1 0.48mi
26691 Rosewood Pointe Dr #101 Bonita Springs, FL 2.0 2.0 1216 $3,600 $2.96 23d 1 0.50mi
9200 Highland Woods Blvd Bonita Springs, FL 2.0 2.0 1083 $4,050 $3.74 15d 3 0.52mi
26660 Rosewood Pointe Dr #203 Bonita Springs, FL 2.0 2.0 1190 $3,500 $2.94 23d 1 0.54mi
25735 Lake Amelia Way #105 Bonita Springs, FL 2.0 2.0 1230 $1,500 $1.22 23d 1 0.54mi
26700 Rosewood Pointe Dr Bonita Springs, FL 2.0 2.0 1199 $2,200 $1.83 3d 2 0.55mi
10101 Sandy Hollow Ln #102 Bonita Springs, FL 2.0 2.5 808 $1,645 $2.04 23d 1 0.57mi
25727 Lake Amelia Way #105 Bonita Springs, FL 2.0 2.0 1230 $2,200 $1.79 23d 1 0.58mi
26175 Bonita Fairways Blvd Bonita Springs, FL 3.0 2.0 1308 $3,000 $2.29 15d 1 0.60mi
25806 Cockleshell Dr #314 Bonita Springs, FL 2.0 2.0 975 $1,800 $1.85 23d 1 0.61mi
26390 Coco Cay Cir #101 Bonita Springs, FL 2.0 2.5 1498 $2,700 $1.80 23d 1 0.62mi
9450 Highland Woods Blvd #6203 Bonita Springs, FL 2.0 2.0 1100 $6,000 $5.45 14d 1 0.63mi
26610 Rosewood Pointe Dr #308 Bonita Springs, FL 2.0 2.0 1231 $2,100 $1.71 3d 1 0.66mi
26589-610 Rosewood Pointe Dr Unit A 301 Bonita Springs, FL 2.0 2.0 986 $3,500 $3.55 23d 1 0.67mi
9500 Highland Woods Blvd #207 Bonita Springs, FL 2.0 2.0 1162 $1,600 $1.38 23d 1 0.68mi
26600 Rosewood Pointe Dr Unit B-101 Bonita Springs, FL 2.0 2.0 983 $2,200 $2.24 3d 1 0.69mi
26600 Rosewood Pointe Dr Unit 102 Bonita Springs, FL 1.0 2.0 833 $2,900 $3.48 3d 1 0.69mi
26239 Bonita Fairways Cir Bonita Springs, FL 2.0 2.0 1088 $2,500 $2.30 23d 1 0.73mi
25480 Cockleshell Dr #1005 Bonita Springs, FL 2.0 2.5 1129 $4,500 $3.99 21d 1 0.76mi
25480 Cockleshell Dr #1005 Bonita Springs, FL 2.0 2.5 1119 $4,600 $4.11 23d 1 0.76mi
10328 Windley Key Ter Bonita Springs, FL 3.0 2.0 1400 $2,600 $1.86 14d 1 0.78mi
10325 Tarrah Ln Unit 1073517P Bonita Springs, FL 2.0 1.0 818 $4,608 $5.63 2d 1 0.82mi
26751 Clarkston Dr #102 Bonita Springs, FL 2.0 2.0 1256 $6,500 $5.18 23d 1 0.88mi
8940 Colonnades Ct E Bonita Springs, FL 2.0 2.0 1013 $2,675 $2.64 23d 2 1.00mi
8940 Colonnades Ct E Bonita Springs, FL 2.0 2.0 1013 $2,575 $2.54 10d 3 1.00mi
8930 Colonnades Ct E #625 Bonita Springs, FL 2.0 2.0 1013 $3,000 $2.96 10d 1 1.03mi
8930 Colonnades Ct E Bonita Springs, FL 2.0 2.0 1013 $2,325 $2.30 15d 2 1.03mi
8920 Colonnades Ct E #514 Bonita Springs, FL 1.0 1.0 713 $1,500 $2.10 23d 1 1.05mi
8870 Colonnades Ct W #337 Bonita Springs, FL 2.0 2.0 997 $3,100 $3.11 3d 1 1.06mi
8861 Colonnades Ct W #216 Bonita Springs, FL 3.0 2.0 1207 $2,200 $1.82 23d 1 1.09mi
25356 Pinson Dr Bonita Springs, FL 3.0 2.0 1454 $3,800 $2.61 23d 1 1.10mi
25356 Pinson Dr Bonita Springs, FL 3.0 2.0 1454 $3,800 $2.61 2d 1 1.10mi
3431 Pointe Creek Ct Bonita Springs, FL 2.0–3.0 2.0 1414 $2,365 $1.67 19d 2 1.12mi
10000 Maddox Ln #125 Bonita Springs, FL 2.0 2.0 1129 $4,000 $3.54 23d 1 1.13mi
10010 Maddox Ln #318 Bonita Springs, FL 2.0 2.0 1224 $1,550 $1.27 23d 1 1.15mi

Listing history 22 events

  1. 2026-06-17
    days on market $219,000 Active 497 DOM
  2. 2026-06-16
    days on market $219,000 Active 496 DOM
  3. 2026-06-16
    days on market $219,000 Active 495 DOM
  4. 2026-06-13
    days on market $219,000 Active 493 DOM
  5. 2026-06-09
    days on market $219,000 Active 489 DOM
  6. 2026-06-07
    days on market $219,000 Active 487 DOM
  7. 2026-06-02
    days on market $219,000 Active 482 DOM
  8. 2026-06-01
    days on market $219,000 Active 481 DOM
  9. 2026-06-01
    days on market $219,000 Active 480 DOM
  10. 2026-05-15
    status Active
  11. 2026-05-14
    status Pending
  12. 2026-04-30
    price $219,000
  13. 2025-07-06
    price $235,000
  14. 2025-01-31
    listed $250,000 Active
  15. 2016-07-05
    soldstatus $121,800
  16. 2016-01-21
    price $60,000 278-char remark
    Show marketing remark (278 chars)

    This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

  17. 2016-01-21
    price $84,000 278-char remark
    Show marketing remark (278 chars)

    This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

  18. 2016-01-21
    soldstatus $84,000 Sold 278-char remark
    Show marketing remark (278 chars)

    This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

  19. 2016-01-19
    soldstatus $84,000
  20. 2015-12-07
    historical 278-char remark
    Show marketing remark (278 chars)

    This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

  21. 2015-11-13
    listed $60,000 Active 278-char remark
    Show marketing remark (278 chars)

    This property is the perfect opportunity to purchase a piece of paradise. 1056 SF of living space with 2 bedrooms and 2 bath. Multiple different living spaces give plenty of opportunity to relax and enjoy the florida lifestyle. It's a smart move not to miss on this opportunity!

  22. 2002-01-28
    soldstatus $43,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$820 · $68/mo
Projected year-2 tax
$1,818 · $151/mo
Expected delta
+$998/yr (+$83/mo · 121.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone AE · 96% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$33,106
− Mortgage interest
−$12,267
− Property taxes
−$820
− Insurance
−$6,214
− Repairs & maintenance
−$2,649
− Management
−$2,649
− Depreciation
−$6,371
Taxable income
$2,138
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$513
After-tax cash flow
$4,826/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Lee
NCES district ID
1201080
Math proficiency
47% ▼ -11.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$49,518
Composite
41.49/100
National rank
#3458
State rank
#42 of 73 in FL

Livability — Bonita Springs

Score
70/100
State rank
#428
US rank
#7576

Category grades

Amenities F Commute F Cost of living C- Crime A+ Employment A Housing A+ Health & safety D User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bonita Springs, FL
County
Lee County · 788,662 people
City population
64,727
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
48,252
Household income
$91,380
Rent vs Own
17.7% rent · 82.3% own
Severe rent burden
976.0

Population outlook (Lee County) Hauer SSP2

Today (2025)
871,946 people
By 2030
955,468 · +9.6%
By 2040
1,113,587 · +27.7%
By 2050
1,256,891 · +44.1%
By 2075
1,560,270 · +78.9%
By 2100
1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (69%)
Race & ethnicity
White 69% Hispanic / Latino 26% Two or more races 13% Native American 3% Black 2%
Hispanic origin (detail)
Mexican 8% Puerto Rican 4% Cuban 3%
Common ancestry
Romanian 5% Lithuanian 2% Slovak 2%
Foreign-born
22% · Canada, Jamaica
Languages at home
74% English-only · Spanish 21% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Lee

2024 margin
Strong R (+28.4) · D 35.5% · R 63.9%
2008→2024 swing
-18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
All cycles
2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -188.86%
Current HPI
243.4153
Rent YoY
▼ -0.61%
Metro
Cape Coral-Fort Myers, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+403.4% since first listed
13 events — show timeline
  • 2026-05-15 Relisted FORTMLS
  • 2026-05-14 Pending FORTMLS
  • 2026-04-30 Price Changed $219,000 FORTMLS
  • 2025-07-06 Price Changed $235,000 FORTMLS
  • 2025-01-31 Listed $250,000 FORTMLS
  • 2016-07-05 Sold (Public Records) $121,800 Public Records
  • 2016-01-21 Price Changed $60,000 NAPLESMLS
  • 2016-01-21 Price Changed $84,000 NAPLESMLS
  • 2016-01-21 Sold (MLS) $84,000 NAPLESMLS
  • 2016-01-19 Sold (Public Records) $84,000 Public Records
  • 2015-12-07 Listing Removed NAPLESMLS
  • 2015-11-13 Listed $60,000 NAPLESMLS
  • 2002-01-28 Sold (Public Records) $43,500 Public Records

Property tax history

-2.3%/yr

Latest (2025): $820 · +6.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…