179 Hibiscus DrFort 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
Investment property for sale in Fort Myers Beach at 179 Hibiscus Dr, Fort Myers Beach, FL, 33931 with 5% annual appreciation on a $749,000 basis while $4,141/mo rent supports operations. 02% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 6.63%. Five-year ROI measures 82.55% and total cumulative return in cash totals $203,428. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,141/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Jo Bianchini • Arterra Luxe-Florida LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #225045036