1787 Four Mile Cove Pkwy UNIT 433Cape CoralFL33990
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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 1787 Four Mile Cove Pkwy UNIT 433, Cape Coral, FL, 33990 earns from $1,939/mo rent with a $1,468/mo payment. Total monthly income totals $1,939/mo. ROI tracks 19.29% on current figures, and rental yield reads 7.76% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 100.11% and total cumulative return in cash sums $99,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,939/mo property income instead of your personal income.
Condo
Built in 2004
9,879 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
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Listed by: Valerie Masse • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025019407