23440 Alamanda Dr UNIT 202EsteroFL34135
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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 23440 Alamanda Dr UNIT 202, Estero, FL, 34135 listed at $409,900 pairs $3,362/mo rent with a $2,006/mo payment. Total monthly income runs $3,362/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 9.84% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 103.49% and total cumulative return in cash totals $140,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,362/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
6,764 sqft lot
$N/A/sqft
$7,056 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34135, Bonita Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,678 (100%) |
| Owner Occupied HU | 19,232 (57.1%) |
| Renter Occupied HU | 4,798 (14.2%) |
| Vacant Housing Units | 9,648 (28.6%) |
| Median Home Value | $543,398 |
| Average Home Value | $625,289 |
Housing Distribution
Address Breakdown
Residential
29,383
Single Family
23,104
Multi-Family
6,279
Businesses
1,213
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Listed by: Cindi Infiesto • EXIT Select Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224006263
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.