1201 NE 15th TERCape CoralFL33909
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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 1201 NE 15th TER, Cape Coral, FL, 33909 uses $132,567 cash to close to unlock $8,118/yr annual cash flow and $677/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $1,957/mo payment keeps the spread at $677/mo. Purchase price stands at $399,900, and rental yield measures 9.99% with $3,330/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash records $180,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2026
10,018 sqft 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
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Listed by: Rodney Menendez • Invest Ready Realty
Mls Name: SWFLMLS
Mls ID: #226002902