2724 Cape Coral Pkwy WCape CoralFL33914
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
Rental property for sale in Cape Coral at 2724 Cape Coral Pkwy W, Cape Coral, FL, 33914 offers $3,057/mo rent that, after a $2,440/mo payment. Total monthly income is $3,057/mo. Return on cash invested measures 18.08% in year one, and rental yield stands at 7.36% at a $498,500 entry. Equity gained on principal adds $3,217/yr while 5% annual appreciation compounds into $137,726 by year five. Five-year ROI records 93.64% and total cumulative return in cash reaches $154,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,057/mo property income versus a $2,440/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,628 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: Stephen Stokes • Re/Max Sunshine
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021453