100 Tarpon RDFort Myers BeachFL33931
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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
Investment Highlights
Rental property for sale in Fort Myers Beach at 100 Tarpon RD, Fort Myers Beach, FL, 33931 priced at $1,600,000 converts $5,493/mo rent into after a $7,831/mo obligation. Total monthly income equals $5,493/mo. Return on cash invested prints 8.51% in year one, and rental yield reads 4.12% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. Five-year ROI reaches 42.2% and total cumulative return in cash sums $218,775. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,493/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33931, Fort Myers Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,306 (100%) |
| Owner Occupied HU | 4,360 (32.8%) |
| Renter Occupied HU | 679 ( 5.1%) |
| Vacant Housing Units | 8,267 (62.1%) |
| Median Home Value | $615,328 |
| Average Home Value | $676,219 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
2,642
Multi-Family
2,719
Businesses
226
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Listed by: Krista Asquith PA • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls ID: #225081715