2009 NW 3rd AveCape CoralFL33993
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 2009 NW 3rd Ave, Cape Coral, FL, 33993 generates $1,937/mo in rent and, after a $1,322/mo payment, leaves $145/mo in cash flow. Total monthly income is $1,937/mo, and annual cash flow is $1,737/yr on $89,505 invested. Return on cash invested sits at 21.85% in year one, and rental yield is 8.61% on a $269,999 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 113.85% and total cumulative return in cash sums $101,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,937/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Orlando Marin • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026000656