10731 Mirasol DR #205Miromar LakesFL33913
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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
Investment property for sale in Miromar Lakes at 10731 Mirasol DR #205, Miromar Lakes, FL, 33913 uses $259,581 cash to close to unlock $29,314/yr annual cash flow and $2,443/mo monthly cash flow. Total monthly income runs $7,679/mo, and a $3,862/mo payment keeps the spread at $2,443/mo. Purchase price stands at $789,000, and rental yield measures 11.68% with $7,679/mo rent. Return on cash invested shows 31.35% in year one, and 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 164.77% and total cumulative return in cash records $427,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,679/mo property income covering a $3,862/mo payment rather than investor’s personal income.
Condo
Built in 2006
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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Listed by: Jennifer Springer Rinden • Orchid Realty International
Mls Name: SWFLMLS
Mls ID: #225074253