1232 NW 21st PlCape CoralFL33993
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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 1232 NW 21st Pl, Cape Coral, FL, 33993 offers a 6.45% rental yield on a $462,311 purchase with $2,486/mo rent. 35% in year one. Equity gained on principal adds $2,983/yr while 5% annual appreciation supports $127,728 over five years. Portfolio math shows five-year ROI at 78.98% and total cumulative return in cash at $121,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,486/mo property income against a $2,263/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 Acres 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
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Listed by: Trish Lohela • Holiday Builders of the Gulf C
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025013544