1118 SW 48th Ter APT 203Cape CoralFL33914
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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 1118 SW 48th Ter APT 203, Cape Coral, FL, 33914 generates $2,077/mo in rent and, after a $1,219/mo payment, leaves $424/mo in cash flow. Total monthly income is $2,077/mo, and annual cash flow is $5,092/yr on $82,544 invested. Return on cash invested sits at 26.08% in year one, and rental yield is 10.01% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 136.55% and total cumulative return in cash sums $112,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,077/mo property income rather than buyer’s personal income.
Condo
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
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Listed by: Darlene Stanley • AA Associates Realty and Property Mgmt
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025007967