2605 SW 37th StCape CoralFL33914
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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 2605 SW 37th St, Cape Coral, FL, 33914 generates $4,897/mo in rent, after a $6,304/mo payment. Total monthly income is $4,897/mo. Return on cash invested sits at 9.87% in year one, and rental yield is 4.56% on a $1,288,000 entry. Equity gained on principal adds $8,311/yr, while 5% annual appreciation builds toward $355,851 over five years. Five-year ROI reaches 49.52% and total cumulative return in cash sums $206,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,897/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
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Listed by: Steven LeBoeuf • Florida Gulf Home Realty LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025025729