23861 Costa Del Sol RD #104EsteroFL34135
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 23861 Costa Del Sol RD #104, Estero, FL, 34135 in Estero achieves a 1.54 ratio at $319,000: $2,212/mo rent versus $1,434/mo debt service. Rental yield 8.32%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.32% yield compounds alongside 5% annual appreciation projecting $88,134 in value. Total projected cumulative return: $127,743.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $(732) | $1,500 |
City averages based on Estero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,212 |
| Total Monthly Debt Service | $1,990 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices