11170 Bayside LnFort 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 11170 Bayside Ln, Fort Myers Beach, FL, 33931 priced at $229,000 converts $1,645/mo rent into $125/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $1,502/yr on $75,914 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 8.62% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 114.1% and total cumulative return in cash sums $86,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
4,094 sqft 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: Beth Barton • Coastal Brokerage LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025016554