1610 Cornwallis PkwyCape CoralFL33904
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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 1610 Cornwallis Pkwy, Cape Coral, FL, 33904 with 5% annual appreciation on a $749,000 basis while $6,096/mo rent supports operations. Total monthly income totals $6,096/mo and a $3,666/mo payment preserves $1,125/mo for cash returns. Annual cash flow comes to $13,506/yr on $246,421 deployed, and return on cash invested reaches 25.54% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 9.77%. Five-year ROI measures 133.6% and total cumulative return in cash totals $329,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,096/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
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Listed by: Cris Portugal • Dalton Wade Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #225045341