4745 Estero Blvd APT 302, Fort Myers Beach, FL, 33931 | $3,095/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Myers Beach at 4745 Estero Blvd APT 302, Fort Myers Beach, FL, 33931 offers a 15.39% rental yield on a $500,000 purchase with $6,413/mo rent. Total monthly income registers $6,413/mo, and a $2,447/mo payment leaves $3,095/mo available for distribution. Annual cash flow reaches $37,142/yr on $165,750 to close, and return on cash invested stands at 42.32% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 223.61% and total cumulative return in cash at $370,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,413/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1991

0.32 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