20041 Castlemaine AveEsteroFL33928
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 20041 Castlemaine Ave, Estero, FL, 33928 in Estero. Priced at $439,000, it generates $6,602/mo in gross rent and $3,204/mo in net monthly cash flow, a 18.05% yield that comfortably supports the 3.34 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $38,445. Five-year appreciation: $121,288. Equity from principal paydown: $4,043/yr. Total projected cumulative return: $375,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 6.0% |
| Monthly Cash Flow | $3,204 | $1,500 |
City averages based on Estero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,602 |
| Total Monthly Debt Service | $3,224 |
| DSCR Ratio | 2.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
5,619 sqft lot
$N/A/sqft
$5,824 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
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
Single Family
Built in 2004
5,619 sqft lot
$N/A/sqft
$5,824 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices