22942 Lone Oak DREsteroFL33928
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 22942 Lone Oak DR, Estero, FL, 33928 in Estero hard to pass up. The 13.54% gross yield on a $293,000 purchase results in $3,307/mo in rent and $524/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.51). Annual cash flow of $6,290, five-year appreciation of $80,951, and $2,699/yr in equity build-up combine for a projected total cumulative return of $149,074.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.0% |
| Monthly Cash Flow | $524 | $1,500 |
City averages based on Estero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,307 |
| Total Monthly Debt Service | $2,666 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
N/A lot
$N/A/sqft
$10,064 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
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
Condo
Built in 1998
N/A lot
$N/A/sqft
$10,064 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: Sean F. Lorch, LLC • Downing Frye Realty Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224058740
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.