3750 Springside DrEsteroFL33928
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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
Rental property for sale in Estero at 3750 Springside Dr, Estero, FL, 33928 priced at $450,400 converts $4,114/mo rent into $897/mo cash flow after a $2,204/mo obligation. Total monthly income equals $4,114/mo, and annual cash flow totals $10,761/yr on $149,308 invested. Return on cash invested prints 27.12% in year one, and rental yield reads 10.96% against a $450,400 entry. Equity gained on principal adds $2,906/yr, while 5% annual appreciation compiles into $124,437 by year five. Five-year ROI reaches 142.74% and total cumulative return in cash sums $213,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,114/mo property income covering a $2,204/mo payment, not borrower’s personal income.
Single Family
Built in 2001
10,236 sqft lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33928, Estero, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,934 (100%) |
| Owner Occupied HU | 14,388 (60.1%) |
| Renter Occupied HU | 2,975 (12.4%) |
| Vacant Housing Units | 6,571 (27.5%) |
| Median Home Value | $532,870 |
| Average Home Value | $596,176 |
Housing Distribution
Address Breakdown
Residential
20,339
Single Family
15,619
Multi-Family
4,720
Businesses
780
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