8751 Estero Blvd APT 704Bonita SpringsFL33931
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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
Total monthly income runs $4,075/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 5.44% with $4,075/mo rent. Return on cash invested shows 12.39% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 63.08% and total cumulative return in cash records $186,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,075/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Condo
Built in 1999
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: Charles Smith • Loffreno Real Estate, Inc.
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025023665