2532 Estero Blvd APT 508Fort 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 2532 Estero Blvd APT 508, Fort Myers Beach, FL, 33931 earns $362/mo cash flow from $6,000/mo rent with a $4,158/mo payment. Total monthly income totals $6,000/mo, and annual cash flow totals $4,349/yr on $279,486 capital. ROI tracks 21.62% on current figures, and rental yield reads 8.48% at a $849,500 purchase. Equity gained on principal adds $5,482/yr, and 5% annual appreciation supports $234,701 over five years. Five-year ROI reaches 112.56% and total cumulative return in cash sums $314,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Condo
Built in 1981
3,306 sqft 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: Allison Kolenut • Keller Williams Realty Fort Myers and the Islands
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021231