20234 Luettich LNEsteroFL33928
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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 20234 Luettich LN, Estero, FL, 33928 uses $33,150 cash to close to unlock $15,374/yr annual cash flow and $1,281/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $489/mo payment keeps the spread at $1,281/mo. Purchase price stands at $100,000, and rental yield measures 23.66% with $1,972/mo rent. Return on cash invested shows 66.29% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 352.59% and total cumulative return in cash records $116,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
0.30 Acres 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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Listed by: Jon Gunger, LLC • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225007979
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.