1417 NE 3rd TerCape 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 1417 NE 3rd Ter, Cape Coral, FL, 33909 earns $236/mo cash flow from $2,114/mo rent with a $1,248/mo payment. Total monthly income totals $2,114/mo, and annual cash flow totals $2,836/yr on $84,533 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.95% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 122.42% and total cumulative return in cash sums $103,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,114/mo property income instead of your personal income.
Single Family
Built in 2004
10,018 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: Therese Anderson • Keller Williams Realty Fort Myers and the Islands
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025010623
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