1207 NW 15th TerCape CoralFL33993
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Cape Coral rental at 1207 NW 15th Ter, Cape Coral, FL, 33993 sits in the solid-income band: 9.37% gross yield, $3,120/mo rent, $469/mo net after the $1,796/mo debt service, DSCR 1.74. Entry price of $399,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $110,374 and $3,679/yr in principal reduction bring total cumulative return to $182,485.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $469 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,120 |
| Total Monthly Debt Service | $2,492 |
| DSCR Ratio | 1.25x |
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.
Single Family
Built in 2005
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
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
Single Family
Built in 2005
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
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: #2026012131