1013 NE 39th TERCape CoralFL33909
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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 Cape Coral at 1013 NE 39th TER, Cape Coral, FL, 33909 listed at $345,000 pairs $2,677/mo rent with a $1,689/mo payment to leave $387/mo cash flow. Total monthly income runs $2,677/mo, and annual cash flow reaches $4,645/yr on $114,368 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 9.31% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 125.25% and total cumulative return in cash totals $143,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,677/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
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Listed by: Diana Villarreal • Xclusive Homes LLC
Mls Name: SWFLMLS
Mls ID: #225061140