20846 Blacksmith FrgEsteroFL33928
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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 20846 Blacksmith Frg, Estero, FL, 33928 listed at $320,000 pairs $2,238/mo rent with a $1,566/mo payment to leave $115/mo cash flow. Total monthly income runs $2,238/mo, and annual cash flow reaches $1,376/yr on $106,080 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 8.39% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 110.38% and total cumulative return in cash totals $117,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1989
4,704 sqft 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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