2830 NW 19th PlCape CoralFL33993
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 2830 NW 19th Pl, Cape Coral, FL, 33993 in Cape Coral, $312,990, 8.24% gross yield, $73/mo net income. Consider it a market-entry position, the $2,150/mo rent covers the $1,407/mo payment with a margin, and 5%/yr appreciation is projected to add $86,473 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.53) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $124,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $73 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,150 |
| Total Monthly Debt Service | $1,953 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
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
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
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Morimanno • Coaston Realty LLC
Mls Name: SWFLMLS
Mls ID: #225051401