42 Iroquois #IN42, Fort Myers Beach, FL, 33931 | $75/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Myers Beach at 42 Iroquois #IN42, Fort Myers Beach, FL, 33931 earns $75/mo cash flow from $1,428/mo rent with a $998/mo payment. Total monthly income totals $1,428/mo, and annual cash flow totals $896/yr on $67,624 capital. ROI tracks 21.23% on current figures, and rental yield reads 8.4% at a $203,995 purchase. Equity gained on principal adds $1,316/yr, and 5% annual appreciation supports $56,360 over five years. Five-year ROI reaches 110.56% and total cumulative return in cash sums $74,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,428/mo property income instead of your personal income.

Manufactured

Built in 2025

N/A 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