17580 Stevens BlvdFort Myers BeachFL33931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 17580 Stevens Blvd, Fort Myers Beach, FL, 33931 generates $2,443/mo in rent and, after a $558/mo payment, leaves $1,309/mo in cash flow. Total monthly income is $2,443/mo, and annual cash flow is $15,706/yr on $37,791 invested. Return on cash invested sits at 61.47% in year one, and rental yield is 25.72% on a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 330.67% and total cumulative return in cash sums $124,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,443/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
4,443 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Cunningham • Realty Group of SW Florida Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224031745
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.