4141 Bay Beach Ln UNIT 482Fort Myers BeachFL33931
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4141 Bay Beach Ln UNIT 482, Fort Myers Beach, FL, 33931 in Fort Myers Beach. Priced at $825,000, it generates $6,997/mo in gross rent and $1,206/mo in net monthly cash flow, a 10.18% yield that comfortably supports the 1.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $14,472. Five-year appreciation: $227,932. Equity from principal paydown: $7,598/yr. Total projected cumulative return: $393,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.0% |
| Monthly Cash Flow | $1,206 | $1,200 |
City averages based on Fort Myers Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,997 |
| Total Monthly Debt Service | $5,463 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
N/A lot
$N/A/sqft
$949 quarterly 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
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
Condo
Built in 2003
N/A lot
$N/A/sqft
$949 quarterly 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: Tammy Workman • Royal Shell Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #224041738
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.