1317 SE 46th Ln APT 104Cape CoralFL33904
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 1317 SE 46th Ln APT 104, Cape Coral, FL, 33904 earns from $2,165/mo rent with a $1,708/mo payment. Total monthly income totals $2,165/mo. ROI tracks 18.35% on current figures, and rental yield reads 7.45% at a $348,900 purchase. Equity gained on principal adds $2,251/yr, and 5% annual appreciation supports $96,395 over five years. Five-year ROI reaches 95.06% and total cumulative return in cash sums $109,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,165/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Pauly • Realty Associates of Cape Coral
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025024979