23761 Merano CT #202, Estero, FL, 34134 | 5.63% Rental Yield

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Estero at 23761 Merano CT #202, Estero, FL, 34134 generates $3,936/mo in rent, after a $4,106/mo payment. Total monthly income is $3,936/mo. Return on cash invested sits at 12.97% in year one, and rental yield is 5.63% on a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 66.18% and total cumulative return in cash sums $182,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,936/mo property income rather than buyer’s personal income.

Condo

Built in 2004

7,039 sqft lot

$N/A/sqft

No HOA