8701 Estero Blvd UNIT 106Fort 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
Rental property for sale in Fort Myers Beach at 8701 Estero Blvd UNIT 106, Fort Myers Beach, FL, 33931 generates $2,796/mo in rent and, after a $1,456/mo payment, leaves $822/mo in cash flow. Total monthly income is $2,796/mo, and annual cash flow is $9,862/yr on $98,621 invested. Return on cash invested sits at 29.91% in year one, and rental yield is 11.28% on a $297,500 entry. Equity gained on principal adds $1,920/yr, while 5% annual appreciation builds toward $82,194 over five years. Five-year ROI reaches 157.04% and total cumulative return in cash sums $154,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,796/mo property income rather than buyer’s personal income.
Condo
Built in 1984
6,851 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: Tom Swanbeck • Keller Williams Fort Myers
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001277