








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Estero at 4550 Split Log Ln E, Estero, FL, 33928 priced at $109,000 pairs $1,595/mo rent with $583/mo cash flow after a $534/mo payment. Total monthly income equals $1,595/mo, and annual cash flow comes to $6,999/yr on $36,134 invested. Return on cash invested is 39.28% in year one, and rental yield stands at 17.56% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 210.88% and total cumulative return in cash reaches $76,198. For financing, Ziffy Mortgage’s DSCR program evaluates $1,595/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
2,134 sqft lot
$N/A/sqft
$3,200 annually HOA
Neighborhood data shown for ZIP Code: 33928, Estero, FL area.
| 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 |
Residential
20,339
Single Family
15,619
Multi-Family
4,720
Businesses
780
Date | Event | Price |
|---|---|---|
| 2025-07-26 | Listed for sale | $109,000 |
| 2025-06-01 | Listing removed | $119,000 |
| 2025-02-19 | Price change | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-26 | $1225.70 | 6.80% | $88,695 | 10.00% |
| 2023-07-26 | $1147.66 | 12.58% | $80,632 | 10.00% |
| 2022-07-26 | $1019.42 | 7.67% | $73,302 | 10.00% |



Listed by: April Keating • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225064768
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.