2616 Malaita CtCape CoralFL33991
Nearby investment properties with comparable rents
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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 2616 Malaita Ct, Cape Coral, FL, 33991 offers $2,766/mo rent that, after a $3,547/mo payment. Total monthly income is $2,766/mo. Return on cash invested measures 9.78% in year one, and rental yield stands at 4.58% at a $724,777 entry. Equity gained on principal adds $4,677/yr while 5% annual appreciation compounds into $200,243 by year five. Five-year ROI records 49.07% and total cumulative return in cash reaches $117,007. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,766/mo property income versus a $3,547/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7,971 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
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Listed by: Verna Regler • Century 21 Selling Paradise
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #224090803
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.