19671 Marino Lake CIR #1602Miromar 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
Investment property for sale in Miromar Lakes at 19671 Marino Lake CIR #1602, Miromar Lakes, FL, 33913 offers a 11.56% rental yield on a $564,900 purchase with $5,440/mo rent. Total monthly income registers $5,440/mo, and a $2,765/mo payment leaves $1,691/mo available for distribution. Annual cash flow reaches $20,294/yr on $185,852 to close, and return on cash invested stands at 30.98% in year one. Equity gained on principal adds $3,645/yr while 5% annual appreciation supports $156,071 over five years. Portfolio math shows five-year ROI at 162.78% and total cumulative return in cash at $302,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,440/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
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: Kathleen Burmeister • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls ID: #224070912