19620 Marino Lake CIR #2802Miromar 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 19620 Marino Lake CIR #2802, Miromar Lakes, FL, 33913 generates $4,637/mo in rent and, after a $2,741/mo payment, leaves $921/mo in cash flow. Total monthly income is $4,637/mo, and annual cash flow is $11,048/yr on $184,240 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.94% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash sums $251,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,637/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: S. Jay Siegall • Sun Realty USA, Inc.
Mls Name: SWFLMLS
Mls ID: #225081761