19600 Marino Lake CIR #3003Miromar LakesFL33913
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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 Miromar Lakes at 19600 Marino Lake CIR #3003, Miromar Lakes, FL, 33913 generates $3,565/mo in rent, after a $2,912/mo payment. Total monthly income is $3,565/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 7.19% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 91.62% and total cumulative return in cash sums $179,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,565/mo property income rather than buyer’s personal income.
Condo
Built in 2006
8,132 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33913, Fort Myers, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 14,493 (66.3%) |
| Renter Occupied HU | 2,420 (11.1%) |
| Vacant Housing Units | 4,936 (22.6%) |
| Median Home Value | $534,248 |
| Average Home Value | $646,036 |
Housing Distribution
Address Breakdown
Residential
19,079
Single Family
16,766
Multi-Family
2,313
Businesses
938
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Listed by: Anthony Craparo Jr. • Royal Shell Real Estate, Inc.
Mls Name: SWFLMLS
Mls ID: #225072252