1854 Concordia Lake Cir UNIT 810Cape 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 1854 Concordia Lake Cir UNIT 810, Cape Coral, FL, 33909 listed at $257,000 pairs $2,551/mo rent with a $1,258/mo payment to leave $278/mo cash flow. Total monthly income runs $2,551/mo, and annual cash flow reaches $3,341/yr on $85,196 cash to close. Return on cash invested measures 23.83% in year one, and rental yield registers 11.91% at a $257,000 basis. Equity gained on principal adds $1,658/yr, and annual property appreciation at 5% supports $71,004 by year five. Five-year ROI tracks 127.37% and total cumulative return in cash totals $108,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,551/mo property income relative to a $1,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
9,770 sqft lot
$N/A/sqft
$486 monthly 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: Robert Berdan • Gulf Pointe Properties
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025008038
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.