4751 West Bay BLVD #1003EsteroFL33928
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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
Investment property for sale in Estero at 4751 West Bay BLVD #1003, Estero, FL, 33928 uses $312,221 cash to close to unlock $7,742/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $6,943/mo, and a $4,645/mo payment keeps the spread at $645/mo. Purchase price stands at $949,000, and rental yield measures 8.78% with $6,943/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 117.52% and total cumulative return in cash records $366,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,943/mo property income covering a $4,645/mo payment rather than investor’s personal income.
Condo
Built in 2007
0.38 Acres 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
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