7400 Estero Blvd APT 603Fort 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 7400 Estero Blvd APT 603, Fort Myers Beach, FL, 33931 earns from $3,137/mo rent with a $2,447/mo payment. Total monthly income totals $3,137/mo. ROI tracks 13.89% on current figures, and rental yield reads 7.53% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 72.89% and total cumulative return in cash sums $120,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,137/mo property income instead of your personal income.
Condo
Built in 1969
0.55 Acres lot
$N/A/sqft
$7,800 annually 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: Char Seuffert • Re/Max Sunshine
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225054169
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.