23204 Coconut Shores DREsteroFL34134
INVESTMENT ANALYSIS
Investment Verdict
Solid Income23204 Coconut Shores DR, Estero, FL, 34134 in Estero carries a 1.69 coverage ratio, rent of $3,125/mo is 1.69 times the $1,853/mo payment. Rental yield 9.1%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $412,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $113,828; total projected cumulative return: $155,966.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $(46) | $1,500 |
City averages based on Estero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,125 |
| Total Monthly Debt Service | $3,007 |
| DSCR Ratio | 1.04x |
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.
Single Family
Built in 2001
5,183 sqft lot
$N/A/sqft
$5,240 annually HOA
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
Single Family
Built in 2001
5,183 sqft lot
$N/A/sqft
$5,240 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Borg, LLC • Downing Frye Realty Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225056915
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.