1017 NW 15th StCape CoralFL33993
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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
Rental property for sale in Cape Coral at 1017 NW 15th St, Cape Coral, FL, 33993 generates $1,882/mo in rent, after a $1,412/mo payment. Total monthly income is $1,882/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.83% on a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation builds toward $79,707 over five years. Five-year ROI reaches 101.27% and total cumulative return in cash sums $96,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
10,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
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Listed by: Brenda Duren • HOMESMART
Mls Name: Stellar MLS
Mls ID: #TB8450924