3061 Shell Mound BLVDFort 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 3061 Shell Mound BLVD, Fort Myers Beach, FL, 33931 offers $4,047/mo rent that, after a $5,869/mo payment. Total monthly income is $4,047/mo. Return on cash invested measures 8.29% in year one, and rental yield stands at 4.05% at a $1,199,000 entry. Equity gained on principal adds $7,737/yr while 5% annual appreciation compounds into $331,262 by year five. Five-year ROI records 41.04% and total cumulative return in cash reaches $159,441. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,047/mo property income versus a $5,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
8,494 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: Steve Boge • Signature Real Estate Group
Mls Name: SWFLMLS
Mls ID: #225082772