1108 SE 8th 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
Rental property for sale in Cape Coral at 1108 SE 8th Ter, Cape Coral, FL, 33990 generates $3,287/mo in rent and, after a $2,080/mo payment, leaves $467/mo in cash flow. Total monthly income is $3,287/mo, and annual cash flow is $5,601/yr on $140,888 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.28% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 124.74% and total cumulative return in cash sums $175,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,287/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
10,018 sqft 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: Jack Rynkiewicz • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225010937
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.