4183 Bay Beach Ln APT 375Fort 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 4183 Bay Beach Ln APT 375, Fort Myers Beach, FL, 33931 earns from $4,668/mo rent with a $3,911/mo payment. Total monthly income totals $4,668/mo. ROI tracks 15.5% on current figures, and rental yield reads 7.01% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 80.37% and total cumulative return in cash sums $211,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,668/mo property income instead of your personal income.
Condo
Built in 2000
0.48 Acres 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
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Listed by: Tammy Workman • Royal Shell Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025005864
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.