1221 NE 10th LnCape CoralFL33909
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
Investment Highlights
Investment property for sale in Cape Coral at 1221 NE 10th Ln, Cape Coral, FL, 33909 listed at $317,600 pairs $2,123/mo rent with a $1,554/mo payment to leave $16/mo cash flow. Total monthly income runs $2,123/mo, and annual cash flow reaches $190/yr on $105,284 cash to close. Return on cash invested measures 20.09% in year one, and rental yield registers 8.02% at a $317,600 basis. Equity gained on principal adds $2,049/yr, and annual property appreciation at 5% supports $87,747 by year five. Five-year ROI tracks 104.39% and total cumulative return in cash totals $109,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,123/mo property income relative to a $1,554/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A