19980 Barletta LN #923EsteroFL33928
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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 Estero at 19980 Barletta LN #923, Estero, FL, 33928 uses $89,339 cash to close to unlock $1,255/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $1,893/mo, and a $1,319/mo payment keeps the spread at $105/mo. Purchase price stands at $269,500, and rental yield measures 8.43% with $1,893/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 110.97% and total cumulative return in cash records $99,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,893/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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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