4690 Turnberry Lake DR #102EsteroFL33928
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
Investment Highlights
Rental property for sale in Estero at 4690 Turnberry Lake DR #102, Estero, FL, 33928 generates $2,471/mo in rent and, after a $1,757/mo payment, leaves $89/mo in cash flow. Total monthly income is $2,471/mo, and annual cash flow is $1,065/yr on $119,009 invested. Return on cash invested sits at 20.8% in year one, and rental yield is 8.26% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash sums $128,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,471/mo property income rather than buyer’s personal income.
Condo
Built in 2001
10,258 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices