7000 Estero Blvd APT 400Fort Myers BeachFL33931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7000 Estero Blvd APT 400, Fort Myers Beach, FL, 33931 uses $312,550 cash to close to unlock $20,465/yr annual cash flow and $1,705/mo monthly cash flow. Total monthly income runs $8,010/mo, and a $4,650/mo payment keeps the spread at $1,705/mo. Purchase price stands at $950,000, and rental yield measures 10.12% with $8,010/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 139.33% and total cumulative return in cash records $435,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,010/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 1971
9,683 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Ehrhardt • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026003363