1807 SW 2nd AVECape CoralFL33991
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $149,900, 1807 SW 2nd AVE, Cape Coral, FL, 33991 in Cape Coral generates $1,138/mo in rent (9.11% yield) but nets only $143/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.69) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $41,415. Total projected return: $66,359.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $143 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,138 |
| Total Monthly Debt Service | $935 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33991, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,818 (100%) |
| Owner Occupied HU | 8,953 (69.8%) |
| Renter Occupied HU | 2,396 (18.7%) |
| Vacant Housing Units | 1,469 (11.5%) |
| Median Home Value | $443,489 |
| Average Home Value | $495,286 |
Housing Distribution
Address Breakdown
Residential
12,946
Single Family
12,538
Multi-Family
408
Businesses
599
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
Single Family
Built in 1980
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33991, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,818 (100%) |
| Owner Occupied HU | 8,953 (69.8%) |
| Renter Occupied HU | 2,396 (18.7%) |
| Vacant Housing Units | 1,469 (11.5%) |
| Median Home Value | $443,489 |
| Average Home Value | $495,286 |
Housing Distribution
Address Breakdown
Residential
12,946
Single Family
12,538
Multi-Family
408
Businesses
599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SWFLMLS
Mls ID: #226010929