10237 S Golden Elm DrEsteroFL33928
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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
Rental property for sale in Estero at 10237 S Golden Elm Dr, Estero, FL, 33928 priced at $614,995 converts $4,265/mo rent into after a $3,010/mo obligation. Total monthly income equals $4,265/mo. Return on cash invested prints 18.28% in year one, and rental yield reads 8.32% against a $614,995 entry. Equity gained on principal adds $3,968/yr, while 5% annual appreciation compiles into $169,912 by year five. Five-year ROI reaches 95.7% and total cumulative return in cash sums $193,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,265/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,486 sqft lot
$N/A/sqft
$3,360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33928, Estero, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,934 (100%) |
| Owner Occupied HU | 14,388 (60.1%) |
| Renter Occupied HU | 2,975 (12.4%) |
| Vacant Housing Units | 6,571 (27.5%) |
| Median Home Value | $532,870 |
| Average Home Value | $596,176 |
Housing Distribution
Address Breakdown
Residential
20,339
Single Family
15,619
Multi-Family
4,720
Businesses
780
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Listed by: Antonio Small • Antonio Dean Small
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224049577
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.