18012 San Carlos Blvd APT 38Fort 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 18012 San Carlos Blvd APT 38, Fort Myers Beach, FL, 33931 uses $134,921 cash to close to unlock $16,990/yr annual cash flow and $1,416/mo monthly cash flow. Total monthly income runs $5,400/mo, and a $1,992/mo payment keeps the spread at $1,416/mo. Purchase price stands at $407,000, and rental yield measures 15.92% with $5,400/mo rent. Return on cash invested shows 32.5% in year one, and 5% annual appreciation builds toward $112,447 over five years. Five-year ROI reaches 175.09% and total cumulative return in cash records $236,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,400/mo property income covering a $1,992/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
3,454 sqft lot
$N/A/sqft
$15,400 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: Maria Trestman • Century 21 Sunbelt Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224081003
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.