121 Gulfview AveFort 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 121 Gulfview Ave, Fort Myers Beach, FL, 33931 priced at $1,109,000 converts $7,012/mo rent into after a $5,428/mo obligation. Total monthly income equals $7,012/mo. Return on cash invested prints 19.21% in year one, and rental yield reads 7.59% against a $1,109,000 entry. Equity gained on principal adds $7,156/yr, while 5% annual appreciation compiles into $306,396 by year five. Five-year ROI reaches 99.59% and total cumulative return in cash sums $357,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,012/mo property income covering a $5,428/mo payment, not borrower’s personal income.
Single Family
Built in 1996
6,229 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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Nearby investment properties with comparable prices
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