1500 SW 50th St APT 104Cape CoralFL33914
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1500 SW 50th St APT 104, Cape Coral, FL, 33914 in Cape Coral at $205,990 earns $2,047/mo in rent and nets $60/mo after the $926/mo payment, a 11.93% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $56,911 over five years. Ziffy Mortgage underwrites this on a 2.21 DSCR without U.S. credit history. With $1,897/yr in principal paydown, total projected return reaches $122,338.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.5% |
| Monthly Cash Flow | $60 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,047 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2003
N/A 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
Condo
Built in 2003
N/A 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: N/A • N/A
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000570