18120 San Carlos Blvd APT 805Fort 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 18120 San Carlos Blvd APT 805, Fort Myers Beach, FL, 33931 earns from $4,226/mo rent with a $3,426/mo payment. Total monthly income totals $4,226/mo. ROI tracks 17.88% on current figures, and rental yield reads 7.25% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 92.52% and total cumulative return in cash sums $213,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,226/mo property income instead of your personal income.
Condo
Built in 1987
N/A 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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Listed by: Pierre Peebles • Century 21 Tri Power Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026002038