217 Tercero LnFort 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
Rental property for sale in Fort Myers Beach at 217 Tercero Ln, Fort Myers Beach, FL, 33931 priced at $170,000 pairs $3,954/mo rent with $2,826/mo cash flow after a $832/mo payment. Total monthly income equals $3,954/mo, and annual cash flow comes to $33,911/yr on $56,355 invested. Return on cash invested is 80.08% in year one, and rental yield stands at 27.91% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 426.1% and total cumulative return in cash reaches $240,129. For financing, Ziffy Mortgage’s DSCR program evaluates $3,954/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2012
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: Natalie Vellojin • Mobile Home Lady
Mls Name: My State MLS
Mls ID: #11279519