1520 Fells Cove Lane Cpe, Cape Coral, FL, 33909 | $60/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1382 sft

7430 Lake Breeze DR #410, Fort Myers, FL, 33907

2 Bed
2 Bath
1534 sft

15550 Burnt Store Rd Lot 62, Punta Gorda, FL, 33955

2 Bed
2 Bath
1301 sft

18421 Copperhead Ct N #211, Lehigh Acres, FL, 33936

3 Bed
2 Bath
1212 sft

15736 Coral Vine Ln, Fort Myers, FL, 33905

Nearby investment properties with comparable prices

2 Bed
3 Bath
1422 sft

1102 SE 39th Ter APT 103, Cape Coral, FL, 33904

3 Bed
2 Bath
1322 sft

30144 Red Pine Rd, Punta Gorda, FL, 33982

39 Iroquois No. Plan, Sun Resorts & Residences Fort Myers Beach

2 Bed
2 Bath
1152 sft

39 Iroquois No. Plan, Sun Resorts & Residences Fort Myers Beach, Fort Myers Beach, FL, 33931

2 Bed
2 Bath
1152 sft

39 Iroquois #IN39, Fort Myers Beach, FL, 33931

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Cape Coral at 1520 Fells Cove Lane Cpe, Cape Coral, FL, 33909 offers a 8.25% rental yield on a $249,990 purchase with $1,719/mo rent. Total monthly income registers $1,719/mo, and a $1,224/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $715/yr on $82,872 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,068 over five years. Portfolio math shows five-year ROI at 108.07% and total cumulative return in cash at $89,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,719/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

N/A 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