11340 Azalea 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
Investment property for sale in Fort Myers Beach at 11340 Azalea Ln, Fort Myers Beach, FL, 33931 earns $2,387/mo cash flow from $4,126/mo rent with a $1,123/mo payment. Total monthly income totals $4,126/mo, and annual cash flow totals $28,639/yr on $76,079 capital. ROI tracks 57.55% on current figures, and rental yield reads 21.57% at a $229,500 purchase. Equity gained on principal adds $1,481/yr, and 5% annual appreciation supports $63,407 over five years. Five-year ROI reaches 306.56% and total cumulative return in cash sums $233,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,126/mo property income instead of your personal income.
Manufactured
Built in 1970
4,791 sqft lot
$N/A/sqft
$2,600 annually 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: Antonette Fazlic • She Sells Florida LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224042547
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.