1618 SE 12th StCape CoralFL33990
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 1618 SE 12th St, Cape Coral, FL, 33990 listed at $275,000 pairs $1,862/mo rent with a $1,346/mo payment. Total monthly income runs $1,862/mo. Return on cash invested measures 17.96% in year one, and rental yield registers 8.13% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 93.85% and total cumulative return in cash totals $85,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,862/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Verna Regler • CENTURY 21 SELLING PARADISE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7512086
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511