1108 Winding Pines Cir Unit 104Cape CoralFL33909
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1108 Winding Pines Cir Unit 104, Cape Coral, FL, 33909 in Cape Coral at $215,000 earns $2,010/mo in rent and nets $73/mo after the $967/mo payment, a 11.22% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,401 over five years. Ziffy Mortgage underwrites this on a 2.08 DSCR without U.S. credit history. With $1,980/yr in principal paydown, total projected return reaches $119,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.5% |
| Monthly Cash Flow | $73 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,010 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2013
0.29 Acres 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
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
Condo
Built in 2013
0.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026013632