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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4561 Split Log Ln E, Estero, FL, 33928 priced at $122,000 pairs $2,954/mo rent with $1,895/mo cash flow after a $597/mo payment. Total monthly income equals $2,954/mo, and annual cash flow comes to $22,734/yr on $40,443 invested. Return on cash invested is 76.12% in year one, and rental yield stands at 29.06% on a $122,000 basis. Equity gained on principal adds $787/yr, and 5% annual appreciation accumulates to $33,706 by year five. Five-year ROI measures 407.59% and total cumulative return in cash reaches $164,843. For financing, Ziffy Mortgage’s DSCR program evaluates $2,954/mo property income against a $597/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
2,265 sqft lot
$N/A/sqft
$3,000 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 |
|---|---|---|
| 2024-04-07 | Price change | $122,000 |
| 2024-03-13 | Listed for sale | $125,000 |
| 2023-05-31 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $1063.98 | 12.52% | $75,427 | 10.00% |
| 2022-09-05 | $945.61 | 7.65% | $68,570 | 10.00% |
| 2021-09-05 | $878.42 | 5.53% | $62,336 | 10.00% |
Listed by: Bill Stevenson • Treeline Realty Corp
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224023367
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.
