3333 Estero BlvdFort Myers BeachFL33931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3333 Estero Blvd, Fort Myers Beach, FL, 33931 offers a 10.72% rental yield on a $699,000 purchase with $6,244/mo rent. Total monthly income registers $6,244/mo, and a $3,421/mo payment leaves $1,466/mo available for distribution. Annual cash flow reaches $17,589/yr on $229,971 to close, and return on cash invested stands at 27.71% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 145.49% and total cumulative return in cash at $334,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,244/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1976
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Boge • Boke Real Estate Group, LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224034648
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.