6672 Estero BLVD #A108Fort 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 6672 Estero BLVD #A108, Fort Myers Beach, FL, 33931 generates $3,700/mo in rent, after a $3,328/mo payment. Total monthly income is $3,700/mo. Return on cash invested sits at 15.7% in year one, and rental yield is 6.53% on a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 80.84% and total cumulative return in cash sums $180,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,700/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A 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: David Gruninger • William Raveis Real Estate
Mls Name: SWFLMLS
Mls ID: #225083908