4203 Bay Beach LN #4EFort 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 4203 Bay Beach LN #4E, Fort Myers Beach, FL, 33931 listed at $489,000 pairs $3,113/mo rent with a $2,393/mo payment. Total monthly income runs $3,113/mo. Return on cash invested measures 18.93% in year one, and rental yield registers 7.64% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 98.21% and total cumulative return in cash totals $159,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,113/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
0.34 Acres 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
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Listed by: Jacqueline Mines • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls ID: #225079925