1629 NE 5th TerCape CoralFL33909
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
Rental property for sale in Cape Coral at 1629 NE 5th Ter, Cape Coral, FL, 33909 priced at $498,000 converts $3,652/mo rent into $348/mo cash flow after a $2,437/mo obligation. Total monthly income equals $3,652/mo, and annual cash flow totals $4,172/yr on $165,087 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 8.8% against a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation compiles into $137,588 by year five. Five-year ROI reaches 116.98% and total cumulative return in cash sums $193,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,652/mo property income covering a $2,437/mo payment, not borrower’s personal income.
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elsa Rodriguez • Starlink Realty, Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025013580