1305 SW 29th StCape CoralFL33914
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1305 SW 29th St, Cape Coral, FL, 33914 in Cape Coral achieves a 1.59 ratio at $289,000: $2,065/mo rent versus $1,300/mo debt service. Rental yield 8.57%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.57% yield compounds alongside 5% annual appreciation projecting $79,845 in value. Total projected cumulative return: $102,808.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $(133) | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,065 |
| Total Monthly Debt Service | $2,083 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
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 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Hammer • Century 21 Selling Paradise
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025003326
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.