18 NE 6th StCape 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 18 NE 6th St, Cape Coral, FL, 33909 offers $3,026/mo rent that, after a $3,300/mo payment. Total monthly income is $3,026/mo. Return on cash invested measures 11.09% in year one, and rental yield stands at 5.39% at a $674,300 entry. Equity gained on principal adds $4,351/yr while 5% annual appreciation compounds into $186,297 by year five. Five-year ROI records 56.55% and total cumulative return in cash reaches $125,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,026/mo property income versus a $3,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
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
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Listed by: N/A • N/A
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