1601 NW 17th TERCape CoralFL33993
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
Investment Highlights
Investment property for sale in Cape Coral at 1601 NW 17th TER, Cape Coral, FL, 33993 earns $896/mo cash flow from $2,820/mo rent with a $1,419/mo payment. Total monthly income totals $2,820/mo, and annual cash flow totals $10,753/yr on $96,102 capital. ROI tracks 31.1% on current figures, and rental yield reads 11.67% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 163.49% and total cumulative return in cash sums $157,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,820/mo property income instead of your personal income.
Single Family
Built in 2005
0.26 Acres 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: Amanda Barcenas • Realty One Group MVP
Mls Name: SWFLMLS
Mls ID: #226003324