1609-1611 Savona Pkwy WCape CoralFL33914
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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 $2,493/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 2.6% with $2,493/mo rent. Return on cash invested shows 3.82% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 17.07% and total cumulative return in cash records $63,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,493/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Multi Family
Built in 2023
0.34 Acres 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
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Listed by: Otis Jonuskis • Self Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001863