200 Lenell Rd APT 228Fort 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 Lenell Rd APT 228, Fort Myers Beach, FL, 33931 listed at $306,300 pairs $2,518/mo rent with a $1,499/mo payment to leave $432/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $5,189/yr on $101,538 cash to close. Return on cash invested measures 25.02% in year one, and rental yield registers 9.86% at a $306,300 basis. Equity gained on principal adds $1,977/yr, and annual property appreciation at 5% supports $84,625 by year five. Five-year ROI tracks 131.07% and total cumulative return in cash totals $133,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A