1307 NW 40th 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 1307 NW 40th Pl, Cape Coral, FL, 33993 listed at $724,500 pairs $4,056/mo rent with a $3,546/mo payment. Total monthly income runs $4,056/mo. Return on cash invested measures 16.28% in year one, and rental yield registers 6.72% at a $724,500 basis. Equity gained on principal adds $4,675/yr, and annual property appreciation at 5% supports $200,166 by year five. Five-year ROI tracks 83.92% and total cumulative return in cash totals $200,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,056/mo property income relative to a $3,546/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
10,628 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
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Listed by: Silvio Martinez • Dalton Wade Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224043030
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.