1510 NW 31st PlCape CoralFL33993
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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 1510 NW 31st Pl, Cape Coral, FL, 33993 uses $141,551 cash to close to unlock $2,260/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $3,022/mo, and a $2,090/mo payment keeps the spread at $188/mo. Purchase price stands at $427,000, and rental yield measures 8.49% with $3,022/mo rent. Return on cash invested shows 21.51% in year one, and 5% annual appreciation builds toward $117,972 over five years. Five-year ROI reaches 112.01% and total cumulative return in cash records $158,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,022/mo property income covering a $2,090/mo payment rather than investor’s personal income.
Single Family
Built in 2024
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
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Listed by: Richie Rodriguez • Starlink Realty, Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001092