1507 NE 2nd StCape 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
Total monthly income runs $3,008/mo, and a $2,496/mo payment. Purchase price stands at $510,000, and rental yield measures 7.08% with $3,008/mo rent. Return on cash invested shows 17.37% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 89.78% and total cumulative return in cash records $150,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,008/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2021
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: Zack DeCaro • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8445275