1224 SE 6th Ter APT 53Cape CoralFL33990
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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 1224 SE 6th Ter APT 53, Cape Coral, FL, 33990 earns $477/mo cash flow from $1,804/mo rent with a $979/mo payment. Total monthly income totals $1,804/mo, and annual cash flow totals $5,720/yr on $66,300 capital. ROI tracks 28.54% on current figures, and rental yield reads 10.82% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 149.7% and total cumulative return in cash sums $99,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,804/mo property income instead of your personal income.
Townhouse
Built in 1981
3,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
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Listed by: James Sommers • RE/MAX Trend
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025004007