23831 Merano Ct APT 101EsteroFL34134
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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
Total monthly income runs $3,418/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 6.32% with $3,418/mo rent. Return on cash invested shows 10.3% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 53.58% and total cumulative return in cash records $114,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,418/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Condo
Built in 2001
7,039 sqft lot
$N/A/sqft
$10,178 annually HOA
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Nearby investment properties with comparable prices
Listed by: Mary Vogt • Premier Sotheby's Int'l Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225031799
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.