2615 NW 1st STCape CoralFL33993
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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 2615 NW 1st ST, Cape Coral, FL, 33993 offers a 13.49% rental yield on a $300,000 purchase with $3,372/mo rent. Total monthly income registers $3,372/mo, and a $1,468/mo payment leaves $1,080/mo available for distribution. Annual cash flow reaches $12,963/yr on $99,450 to close, and return on cash invested stands at 32.94% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 174.67% and total cumulative return in cash at $173,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,372/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
10,018 sqft 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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Listed by: Kimberly Repoza, LLC • Century 21 Selling Paradise
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #223035617
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.