238 SE 9th TerCape CoralFL33990
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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
Investment property for sale in Cape Coral at 238 SE 9th Ter, Cape Coral, FL, 33990 listed at $399,000 pairs $3,031/mo rent with a $1,953/mo payment to leave $383/mo cash flow. Total monthly income runs $3,031/mo, and annual cash flow reaches $4,597/yr on $132,269 cash to close. Return on cash invested measures 23.38% in year one, and rental yield registers 9.12% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 122.1% and total cumulative return in cash totals $161,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,031/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
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Listed by: Elena Kouzminykh • MAKS Realty Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #225051890