270 Delmar AveFort 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 270 Delmar Ave, Fort Myers Beach, FL, 33931 with 5% annual appreciation on a $1,539,000 basis while $5,400/mo rent supports operations. 79% in year one. Equity gained on principal adds $9,931/yr, and five-year appreciation sums $425,197 alongside rental yield of 4.21%. Five-year ROI measures 43.7% and total cumulative return in cash totals $217,900. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,400/mo property income versus a $7,533/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
2,204 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: Tom Kiddy, P.A. • The Keyes Company
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025003953