8701 Estero BLVD #607Fort 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 8701 Estero BLVD #607, Fort Myers Beach, FL, 33931 offers a 11.44% rental yield on a $325,900 purchase with $3,106/mo rent. Total monthly income registers $3,106/mo, and a $1,595/mo payment leaves $943/mo available for distribution. Annual cash flow reaches $11,321/yr on $108,036 to close, and return on cash invested stands at 30.39% in year one. Equity gained on principal adds $2,103/yr while 5% annual appreciation supports $90,040 over five years. Portfolio math shows five-year ROI at 159.64% and total cumulative return in cash at $172,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,106/mo property income against a $1,595/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
6,969 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
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Listed by: Steven Koleno • Beycome of Florida LLC
Mls Name: SWFLMLS
Mls ID: #225068035