453 Palermo CirFort 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 453 Palermo Cir, Fort Myers Beach, FL, 33931 at $949,000 posts ROI 8.53% with from $3,299/mo rent. Total monthly income equals $3,299/mo. Return on cash invested measures 8.53% and rental yield reads 4.17% at the current $949,000. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 by year five. Five-year ROI prints 42.41% and total cumulative return in cash totals $132,420. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,299/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
6,141 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: Pamela Schwartz • Fort Myers Beach Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000048