20141 Ian Ct UNIT 106EsteroFL33928
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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 20141 Ian Ct UNIT 106, Estero, FL, 33928 generates $4,672/mo in rent and, after a $1,542/mo payment, leaves $2,235/mo in cash flow. Total monthly income is $4,672/mo, and annual cash flow is $26,817/yr on $104,419 invested. Return on cash invested sits at 45.59% in year one, and rental yield is 17.8% on a $314,990 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,026 over five years. Five-year ROI reaches 242.6% and total cumulative return in cash sums $253,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,672/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$4,160 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: Gina M Turkel • Local Real Estate LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224070880
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.