1728 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
Rental property for sale in Cape Coral at 1728 Cornwallis Pkwy, Cape Coral, FL, 33904 offers $2,970/mo rent that, after a $3,524/mo payment. Total monthly income is $2,970/mo. Return on cash invested measures 10.58% in year one, and rental yield stands at 4.95% at a $720,000 entry. Equity gained on principal adds $4,646/yr while 5% annual appreciation compounds into $198,923 by year five. Five-year ROI records 53.47% and total cumulative return in cash reaches $126,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,970/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,629 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: Brandon Ramos • SUSTAINABLE RE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM698121
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