109 SE 40th TerCape CoralFL33904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 109 SE 40th Ter, Cape Coral, FL, 33904 listed at $683,500 pairs $5,216/mo rent with a $3,345/mo payment to leave $681/mo cash flow. Total monthly income runs $5,216/mo, and annual cash flow reaches $8,167/yr on $224,872 cash to close. Return on cash invested measures 23.69% in year one, and rental yield registers 9.16% at a $683,500 basis. Equity gained on principal adds $4,411/yr, and annual property appreciation at 5% supports $188,838 by year five. Five-year ROI tracks 123.69% and total cumulative return in cash totals $278,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,216/mo property income relative to a $3,345/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa VanderBleek • Re/Max Sunshine
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026003990