1104 SE 16th TerCape CoralFL33990
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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 1104 SE 16th Ter, Cape Coral, FL, 33990 uses $213,850 cash to close to unlock $4,944/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $4,906/mo, and a $3,181/mo payment keeps the spread at $412/mo. Purchase price stands at $650,000, and rental yield measures 9.06% with $4,906/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 116.97% and total cumulative return in cash records $250,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,906/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
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Listed by: Victoria Kaiser • Best Invest Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025007214
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.