1830 NE 14th St #27Cape CoralFL33909
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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 1830 NE 14th St #27, Cape Coral, FL, 33909 uses $33,150 cash to close to unlock $15,214/yr annual cash flow and $1,268/mo monthly cash flow. Total monthly income runs $1,931/mo, and a $489/mo payment keeps the spread at $1,268/mo. Purchase price stands at $100,000, and rental yield measures 23.17% with $1,931/mo rent. Return on cash invested shows 65.8% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 349.59% and total cumulative return in cash records $115,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,931/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.42 Acres 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: Marilyn Sakelaris • LESLIE WELLS REALTY, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4563446
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