2720 NW 17th PlCape 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 2720 NW 17th Pl, Cape Coral, FL, 33993 offers a 9.68% rental yield on a $479,999 purchase with $3,872/mo rent. Total monthly income registers $3,872/mo, and a $2,349/mo payment leaves $687/mo available for distribution. Annual cash flow reaches $8,244/yr on $159,120 to close, and return on cash invested stands at 25.09% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 131.2% and total cumulative return in cash at $208,768. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,872/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
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: Nicole Johnson • Century 21 Selling Paradise
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025008693