8508 Via Lungomare Cir UNIT 203EsteroFL33928
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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 8508 Via Lungomare Cir UNIT 203, Estero, FL, 33928 earns from $3,634/mo rent with a $2,148/mo payment. Total monthly income totals $3,634/mo. ROI tracks 17.98% on current figures, and rental yield reads 9.94% at a $438,888 purchase. Equity gained on principal adds $2,832/yr, and 5% annual appreciation supports $121,257 over five years. Five-year ROI reaches 95.92% and total cumulative return in cash sums $139,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,634/mo property income instead of your personal income.
Condo
Built in 2005
0.25 Acres lot
$N/A/sqft
$10,548 annually 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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Listed by: Joni Pavich • Realty World J. PAVICH R.E.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224096333
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.