20341 Estero Gardens Cir UNIT 106EsteroFL33928
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
Investment Highlights
Investment property for sale in Estero at 20341 Estero Gardens Cir UNIT 106, Estero, FL, 33928 listed at $303,500 pairs $4,008/mo rent with a $1,485/mo payment to leave $1,464/mo cash flow. Total monthly income runs $4,008/mo, and annual cash flow reaches $17,573/yr on $100,610 cash to close. Return on cash invested measures 37.38% in year one, and rental yield registers 15.85% at a $303,500 basis. Equity gained on principal adds $1,958/yr, and annual property appreciation at 5% supports $83,851 by year five. Five-year ROI tracks 199.39% and total cumulative return in cash totals $200,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,008/mo property income relative to a $1,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
8,276 sqft lot
$N/A/sqft
$6,360 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Mellusi, Jr • Calico Gulf Properties LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224038373
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.