2029 SE 27th TerCape CoralFL33904
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2029 SE 27th Ter, Cape Coral, FL, 33904 in Cape Coral: $4,862/mo in rent, $569/mo in net income, 9.02% gross yield, 1.67 DSCR, all at $647,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $178,754 in appreciation and $5,959/yr in principal paydown projects total cumulative return of $283,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $569 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,862 |
| Total Monthly Debt Service | $4,036 |
| DSCR Ratio | 1.20x |
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 1992
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
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 1992
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke O'Malley • CLUB REALTY LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025002661