770 Chippewa TrlFort 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 770 Chippewa Trl, Fort Myers Beach, FL, 33931 uses $49,360 cash to close to unlock $1,688/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $729/mo payment keeps the spread at $141/mo. Purchase price stands at $148,900, and rental yield measures 9.1% with $1,129/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash records $60,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
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: Jani Crouch Highley • SUNSET COMMUNITIES LLC
Mls Name: My State MLS
Mls ID: #11340444