4511 Bay Beach Ln APT 315Fort 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
Rental property for sale in Fort Myers Beach at 4511 Bay Beach Ln APT 315, Fort Myers Beach, FL, 33931 generates $2,460/mo in rent, after a $2,043/mo payment. Total monthly income is $2,460/mo. Return on cash invested sits at 17.22% in year one, and rental yield is 7.07% on a $417,500 entry. Equity gained on principal adds $2,694/yr, while 5% annual appreciation builds toward $115,348 over five years. Five-year ROI reaches 88.99% and total cumulative return in cash sums $123,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Condo
Built in 1986
7,191 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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Listed by: Danene Bazon • RE/MAX Realty Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025012735