19333 Summerlin Rd., Site 383 Plan · Fort Myers, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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 +16.7/30.0
- ARV discount +15.0/15.0
- DSCR +5.2/10.0
- Schools +5.1/10.0
- 1% rule +4.5/10.0
- Livability +4.3/5.0
- Condition / age +4.0/5.0
- Appreciation +2.5/10.0
- Rent growth +2.2/5.0
- Manufactured-home adj. -4.8
$99,995
19333 Summerlin Rd., Site 383 Plan · Fort Myers, FL 33908
1 bd · 1.0 ba · 455 sqft · Manufactured
· 313 Days on market
Manufactured home
$220/sqft
· 23% below area
Est $130k · 23% under
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Get ready to fall in love with this gorgeous 1 bedroom, 1 bath home, offering just under 500 sq. ft. of thoughtfully designed space. The open-concept layout is perfect for modern living and flows seamlessly onto a covered 6-foot porch, ideal for relaxing or entertaining year-round. This home includes a stainless steel appliance package, adding both style and functionality to the kitchen. Whether you're searching for your personal vacation retreat or a smart investment opportunity, this charming home is the perfect fit. Contact us today to learn more about this beautiful new listing. Actual home photos coming soon!
Key facts
- Covered porch
- Listed 312 days
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath manufactured listed at $100k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $63 ($751/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $95k (4.6% below list).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.0% vs local median 2.8% in Fort Myers — 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 86/100 on livability (#14 in FL, #383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
- 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.
- Zoned schools: Heights Elementary School (math 74% / reading 67%, grade A-, #333 of 2,144 statewide, top 16%, 1,109 students, 38% FRL); Lexington Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 1,138 students, 44% FRL); South Fort Myers High School (math 23% / reading 30%, grade F, #489 of 667 statewide, top 74%, 1,917 students, 50% FRL).
- Market conditions: Rents soft (-1.2%/yr); 1606 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- This rent is only 15% of the median local income ($75k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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 313 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
Recommended offer
$87,995
(12.0% below list)
Questions for the listing agent
- It's been on market 313 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 0.95% ✗
- Cap rate
- 7.04%
- Cash-on-cash
- 2.68%
- DSCR
- 1.12
- GRM
- 8.7
CMA / ARV
- ARV (median comp)
- $130,000
- List price
- $99,995
- Delta
- -23.08%
- Verdict
- UNDERPRICED
- Comps
- 4 within 2.0 mi
Show comp detail 6 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19681 Summerlin Rd #482 | 0.14mi | 1/1.5 | 403 (-11%) | 0mo | $120,000 | $298 | 72 |
| 19681 Summerlin Rd #626 | 0.44mi | 1/1.0 | 415 (-9%) | 19mo | $130,000 | $313 | 49 |
| 19681 Summerlin Rd #510 | 0.10mi | 1/1.5 | 344 (-24%) | 30mo | $70,000 | $203 | 48 |
| 11630 Ariana Dr | 1.03mi | 2/1.5 (+1) | 543 (+19%) | 2mo | $140,000 | $258 | 31 |
| 16300 Falstaff Ln #427 | 1.09mi | 2/1.5 (+1) | 504 (+11%) | 11mo | $165,000 | $327 | 31 |
| 11701 Oakdale Dr #467 | 1.12mi | 2/1.5 (+1) | 513 (+13%) | 28mo | $170,000 | $331 | 17 |
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
- -15.5%
- Equity multiple
- 0.46×
- Total profit
- $-14,997
- Equity at exit
- $14,910
10-year hold
- IRR
- -13.2%
- Equity multiple
- 0.33×
- Total profit
- $-18,670
- Equity at exit
- $8,646
Cash invested: $27,999 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 11 active · 1 under contract
- Months of supply
- 66.0 mo (2%/mo absorbed)
- Median asking
- $109,995 ($224/sqft)
- Median days on market
- 174 d
- This list price
- 36% of active listings are priced below it
- ARV vs active asking
- +27.3% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33908
- Home prices YoY
- -32.8%
- Rents YoY
- -1.2%
- Active inventory
- 1606
- Price-to-rent
- 8.7×
Monthly cashflow live
↻
- Estimated rent
- $954 medium interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax est. 1.5%
- −$125 /mo · $1,500/yr
- Insurance
- −$42
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$200
- Net cashflow
- $63
Break-even live
Break-even rent
$875
Max offer price
$99,995
Occupancy floor
88%
Sensitivity live
| Price | -10% $132 | -5% $97 | +0% $63 | +5% $28 | +10% $-6 |
|---|---|---|---|---|---|
| Rent | -10% $-13 | -5% $25 | +0% $63 | +5% $100 | +10% $138 |
| Rate | -1.0pp $113 | -0.5pp $88 | base $63 | +0.5pp $37 | +1.0pp $10 |
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
- $24,999
- Closing costs
- $3,000
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 16930 Juanita Ave Fort Myers, FL | 1.0 | 1.0 | 284 | $925 | $3.26 | 119d | 1 | 1.15mi |
Property features AI
Finance
- Financial info
- List price $99,995
Exterior
- Home design
- Plan home
- Construction
- Living area approximately 455
- Exterior features
- Property located at 19333 Summerlin Rd, Site 383, Fort Myers, FL
Interior
- Bedrooms
- 1 bedroom
- Bathrooms
- 1 full bathroom
- Interior features
- Open plan living area
Listing history 50 events
-
2026-09-24days on market $99,995 Active 313 DOM
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2026-09-23days on market $99,995 Active 312 DOM
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2026-09-22days on market $99,995 Active 311 DOM
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2026-09-21days on market $99,995 Active 310 DOM
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2026-09-17days on market $99,995 Active 306 DOM
-
2026-09-13days on market $99,995 Active 302 DOM
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2026-09-13days on market $99,995 Active 301 DOM
-
2026-09-11days on market $99,995 Active 300 DOM
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2026-09-05days on market $99,995 Active 294 DOM
-
2026-09-04days on market $99,995 Active 293 DOM
-
2026-08-31days on market $99,995 Active 289 DOM
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2026-08-28days on market $99,995 Active 286 DOM
-
2026-08-26days on market $99,995 Active 284 DOM
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2026-08-24days on market $99,995 Active 282 DOM
-
2026-08-23days on market $99,995 Active 281 DOM
-
2026-08-21days on market $99,995 Active 279 DOM
-
2026-08-20days on market $99,995 Active 278 DOM
-
2026-08-19days on market $99,995 Active 277 DOM
-
2026-08-18days on market $99,995 Active 276 DOM
-
2026-08-16days on market $99,995 Active 274 DOM
-
2026-08-15days on market $99,995 Active 273 DOM
-
2026-08-13days on market $99,995 Active 271 DOM
-
2026-08-09days on market $99,995 Active 267 DOM
-
2026-08-06days on market $99,995 Active 264 DOM
-
2026-08-05days on market $99,995 Active 263 DOM
-
2026-07-26days on market $99,995 Active 253 DOM
-
2026-07-24days on market $99,995 Active 251 DOM
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2026-07-23days on market $99,995 Active 250 DOM
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2026-07-22days on market $99,995 Active 249 DOM
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2026-07-21days on market $99,995 Active 248 DOM
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2026-07-18days on market $99,995 Active 245 DOM
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2026-07-18days on market $99,995 Active 244 DOM
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2026-07-16days on market $99,995 Active 243 DOM
-
2026-07-15days on market $99,995 Active 242 DOM
-
2026-07-13days on market $99,995 Active 240 DOM
-
2026-07-13days on market $99,995 Active 239 DOM
-
2026-07-12days on market $99,995 Active 238 DOM
-
2026-07-10days on market $99,995 Active 237 DOM
-
2026-07-10days on market $99,995 Active 236 DOM
-
2026-07-07days on market $99,995 Active 234 DOM
-
2026-07-06days on market $99,995 Active 233 DOM
-
2026-07-05days on market $99,995 Active 232 DOM
-
2026-07-02days on market $99,995 Active 229 DOM
-
2026-07-01days on market $99,995 Active 228 DOM
-
2026-06-30days on market $99,995 Active 227 DOM
-
2026-06-29days on market $99,995 Active 226 DOM
-
2026-06-28days on market $99,995 Active 225 DOM
-
2026-06-25days on market $99,995 Active 221 DOM
-
2026-06-22days on market $99,995 Active 218 DOM
-
2026-06-17days on market $99,995 Active 214 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,448
- − Mortgage interest
- −$5,601
- − Property taxes
- −$1,500
- − Insurance
- −$500
- − Repairs & maintenance
- −$916
- − Management
- −$916
- − Depreciation
- −$2,909
- Taxable loss
- −$894
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$215
- After-tax cash flow
- $966/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.
Condition & rehab AI · 6 photos
80/100
Cosmetic rehab
Est. rehab $2,275–$6,825 screening
This 1-bedroom, 1-bath manufactured home is in good condition with a modern kitchen and good curb appeal. It is ready for a fresh coat of paint on the exterior to enhance its curb appeal and value.
Value-add opportunities
- Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value. ↑
- Rental Clean and maintain HVAC system — A clean and functioning HVAC system is essential for tenant satisfaction and renter retention. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
D
Composite school gradezoned avg 51/100
Zoned Schools
Elementary
Ray V. Pottorf Elementary School
F
FL #1,288/2,144
Nat'l #16,061/41,679
Middle
Cypress Lake Middle School
B+
FL #116/571
Nat'l #1,503/14,009
High
Cypress Lake High School
D-
FL #228/667
Nat'l #6,809/17,239
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
A
Composite livability gradescore 86/100
Livability — Fort Myers
- Score
- 86/100
- State rank
- #14
- US rank
- #383
Category grades
Amenities A+
Commute A+
Cost of living B+
Crime B+
Employment C
Housing A+
Health & safety A+
User ratings C+
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Lee County · 871,946 people
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 37,423
- Household income
- $75,396
- Rent vs Own
- Severe rent burden
- 17% of renters
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 (88%)
- Race & ethnicity
- White 88% Hispanic / Latino 6% Two or more races 5% Black 3% Asian 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2%
- Common ancestry
- Romanian 5% Lithuanian 4% Slovak 3%
- Foreign-born
- 10% · Canada, Jamaica
- Languages at home
- 90% English-only · Spanish 4% Russian/Polish/Slavic 1% Other Indo-European 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
- ▼ -102.22%
- Current HPI
- 209.7595
- Rent YoY
- ▼ -1.18%
- 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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
|
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
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Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…