23720 Merano CT #101, Estero, FL, 34134 | 6.25% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2678 sft

17054 Tremont St, Fort Myers, FL, 33908

3 Bed
2 Bath
1390 sft

1293 Barrigona Ct, Naples, FL, 34119

3 Bed
2 Bath
1293 sft

23731 Old Port Rd APT 104, Estero, FL, 34135

2 Bed
2 Bath
839 sft

6895 Estero Blvd APT 516, Fort Myers Beach, FL, 33931

Nearby investment properties with comparable prices

3 Bed
2 Bath
2022 sft

9890 Rookery Cir, Estero, FL, 33928

3 Bed
2 Bath
1633 sft

857 Summerfield DR, Naples, FL, 34120

4 Bed
2 Bath
1943 sft

15613 Beachcomber Ave, Fort Myers, FL, 33908

4 Bed
4 Bath
2652 sft

2250 SW 20th Ave, Cape Coral, FL, 33991

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Estero at 23720 Merano CT #101, Estero, FL, 34134 earns from $3,641/mo rent with a $3,421/mo payment. Total monthly income totals $3,641/mo. ROI tracks 14.86% on current figures, and rental yield reads 6.25% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 76.3% and total cumulative return in cash sums $175,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,641/mo property income instead of your personal income.

Condo

Built in 2003

7,039 sqft lot

$N/A/sqft

No HOA