Estero, FL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.6%

Below average

Monthly Cash Flow

-$703

After all expenses

Price-to-Rent

13.0

Investor-friendly

DSCR

0.73

Fails

📊 Key Metrics

Median Home Price
$480,249
Average Rent (3BR)
$3,090/mo
Price-to-Rent Ratio
13.0(good)
1% Rule
0.64%(fails — need 1%+)
Cash-on-Cash Return
-7.6%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+5.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

58.8%

Stretched

Section 8 Max Rent

$3,090/mo

3BR voucher payment

🏛️ FL Investor Climate

Landlord Friendly

8/10

State Income Tax

✅ None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

🏘️ Best Zip Codes in Estero for Investors

33928
Cap Rate: 4.6%Cash Flow: -$703/mo$480,249
33928
Cap Rate: 4.6%Cash Flow: -$703/mo$480,249

All Zip Codes in Estero

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
339284.6%-$703$480,249$3,090/mo0.73
339284.6%-$703$480,249$3,090/mo0.73