1410 NE 22nd AveCape CoralFL33909
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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 1410 NE 22nd Ave, Cape Coral, FL, 33909 uses $84,533 cash to close to unlock $934/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,248/mo payment keeps the spread at $78/mo. Purchase price stands at $255,000, and rental yield measures 8.33% with $1,770/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 109.34% and total cumulative return in cash records $92,432. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2023
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
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Listed by: Christopher Mendoza • Lifestyle International Realty
Mls Name: MIAMI
Mls ID: #A11899559