4361 Bay Beach Ln APT 224Fort 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 4361 Bay Beach Ln APT 224, Fort Myers Beach, FL, 33931 earns $625/mo cash flow from $4,292/mo rent with a $2,648/mo payment. Total monthly income totals $4,292/mo, and annual cash flow totals $7,501/yr on $177,989 capital. ROI tracks 24.27% on current figures, and rental yield reads 9.52% at a $541,000 purchase. Equity gained on principal adds $3,491/yr, and 5% annual appreciation supports $149,468 over five years. Five-year ROI reaches 127.02% and total cumulative return in cash sums $226,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,292/mo property income instead of your personal income.
Condo
Built in 1996
7,840 sqft 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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