20341 Estero Gardens Cir UNIT 203EsteroFL33928
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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 20341 Estero Gardens Cir UNIT 203, Estero, FL, 33928 generates $3,132/mo in rent and, after a $1,762/mo payment, leaves $194/mo in cash flow. Total monthly income is $3,132/mo, and annual cash flow is $2,324/yr on $119,307 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 10.44% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash sums $138,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,132/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$530 monthly 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: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1374381
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 State-Wide MLS, Inc. All rights reserved.