200 Estero Blvd #804Fort 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 200 Estero Blvd #804, Fort Myers Beach, FL, 33931 earns $74/mo cash flow from $2,456/mo rent with a $1,757/mo payment. Total monthly income totals $2,456/mo, and annual cash flow totals $885/yr on $119,009 capital. ROI tracks 20.65% on current figures, and rental yield reads 8.21% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash sums $127,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,456/mo property income instead of your personal income.
Condo
Built in 2004
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: Christian Loffreno • Loffreno Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025001559