1714 NE 40th Lane CpeCoralFL33909
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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 Coral at 1714 NE 40th Lane Cpe, Coral, FL, 33909 uses $92,787 cash to close to unlock $5,586/yr annual cash flow and $466/mo monthly cash flow. Total monthly income runs $2,323/mo, and a $1,370/mo payment keeps the spread at $466/mo. Purchase price stands at $279,900, and rental yield measures 9.96% with $2,323/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash records $125,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,323/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2024
10,019 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
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