4182 Bay Beach Ln UNIT 7PH3Fort 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 4182 Bay Beach Ln UNIT 7PH3, Fort Myers Beach, FL, 33931 listed at $610,000 pairs $4,914/mo rent with a $2,986/mo payment to leave $643/mo cash flow. Total monthly income runs $4,914/mo, and annual cash flow reaches $7,715/yr on $200,690 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 9.67% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 125.3% and total cumulative return in cash totals $251,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,914/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
2.13 Acres lot
$N/A/sqft
$668 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
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Listed by: Trish Kelly • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #224007031
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.