4371 Bay Beach Ln APT 314Fort 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 4371 Bay Beach Ln APT 314, Fort Myers Beach, FL, 33931 uses $145,529 cash to close to unlock $649/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $3,951/mo, and a $2,149/mo payment keeps the spread at $54/mo. Purchase price stands at $439,000, and rental yield measures 10.8% with $3,951/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 108.78% and total cumulative return in cash records $158,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,951/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Condo
Built in 1990
7,866 sqft lot
$N/A/sqft
$11,800 annually 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: Teri Kibbe-Behnken • Century 21 Sunbelt Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224094335
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.