2114 NE 22nd PlCape CoralFL33909
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
Investment property for sale in Cape Coral at 2114 NE 22nd Pl, Cape Coral, FL, 33909 uses $104,422 cash to close to unlock $101/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $2,099/mo, and a $1,542/mo payment keeps the spread at $8/mo. Purchase price stands at $314,999, and rental yield measures 8% with $2,099/mo rent. Return on cash invested shows 20.01% in year one, and 5% annual appreciation builds toward $87,028 over five years. Five-year ROI reaches 103.97% and total cumulative return in cash records $108,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,099/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1999
10,018 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki Williams • Experience Real Estate Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025006922