25 SW 24th PlaceCape CoralFL33991
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 25 SW 24th Place, Cape Coral, FL, 33991 with 5% annual appreciation on a $349,999 basis while $2,765/mo rent supports operations. Total monthly income totals $2,765/mo and a $1,713/mo payment preserves $316/mo for cash returns. Annual cash flow comes to $3,790/yr on $116,025 deployed, and return on cash invested reaches 23.18% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,698 alongside rental yield of 9.48%. Five-year ROI measures 121.42% and total cumulative return in cash totals $140,882.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,765/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
10,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beatrice Jean-Louis • Reliant Realty ERA Powered
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10967250
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.