217 SW 10th PlCape CoralFL33991
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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
Rental property for sale in Cape Coral at 217 SW 10th Pl, Cape Coral, FL, 33991 generates $4,891/mo in rent and, after a $2,692/mo payment, leaves $919/mo in cash flow. Total monthly income is $4,891/mo, and annual cash flow is $11,032/yr on $180,950 invested. Return on cash invested sits at 26.16% in year one, and rental yield is 10.67% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $249,154. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,891/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33991, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,818 (100%) |
| Owner Occupied HU | 8,953 (69.8%) |
| Renter Occupied HU | 2,396 (18.7%) |
| Vacant Housing Units | 1,469 (11.5%) |
| Median Home Value | $443,489 |
| Average Home Value | $495,286 |
Housing Distribution
Address Breakdown
Residential
12,946
Single Family
12,538
Multi-Family
408
Businesses
599
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Listed by: Devan Lunceford • SERHANT
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8416885
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