23800 Merano CT #201, Estero, FL, 34134 | 6.47% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1818 sft

23650 Via Via Veneto BLVD #902, Estero, FL, 34134

3 Bed
3 Bath
1871 sft

7951 Bristol Cir, Naples, FL, 34120

3 Bed
2 Bath
1721 sft

1112 SW 24th St, Cape Coral, FL, 33991

3 Bed
2 Bath
1387 sft

604 110th AVE N, Naples, FL, 34108

Nearby investment properties with comparable prices

3 Bed
3 Bath
2070 sft

Eclipse Plan, Valencia Sky (55+), Naples, FL, 34120

5 Bed
5 Bath
3283 sft

10658 Timber Creek Dr, Fort Myers, FL, 33913

3 Bed
2 Bath
1341 sft

809 101st AVE N, Naples, FL, 34108

5 Bed
3 Bath
3231 sft

2361 Avocado Ln, Naples, FL, 34120

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

Rental property for sale in Estero at 23800 Merano CT #201, Estero, FL, 34134 generates $4,254/mo in rent, after a $3,862/mo payment. Total monthly income is $4,254/mo. Return on cash invested sits at 15.52% in year one, and rental yield is 6.47% on a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 79.86% and total cumulative return in cash sums $207,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,254/mo property income rather than buyer’s personal income.

Condo

Built in 2001

7,039 sqft lot

$N/A/sqft

No HOA