1619 NW 31st AveCape CoralFL33993
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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 1619 NW 31st Ave, Cape Coral, FL, 33993 earns from $2,870/mo rent with a $2,325/mo payment. Total monthly income totals $2,870/mo. ROI tracks 17.76% on current figures, and rental yield reads 7.25% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 91.88% and total cumulative return in cash sums $144,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,870/mo property income instead of your personal income.
Single Family
Built in 2007
10,018 sqft 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: Mike Lombardo • Old Glory Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #225059139