2300 NW 23rd 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
Investment property for sale in Cape Coral at 2300 NW 23rd Ave, Cape Coral, FL, 33993 earns $432/mo cash flow from $4,422/mo rent with a $2,943/mo payment. Total monthly income totals $4,422/mo, and annual cash flow totals $5,183/yr on $197,795 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.83% at a $601,200 purchase. Equity gained on principal adds $3,879/yr, and 5% annual appreciation supports $166,100 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash sums $233,908. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,422/mo property income instead of your personal income.
Single Family
Built in N/A
N/A 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A