302 NE 10th TerCape CoralFL33909
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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 302 NE 10th Ter, Cape Coral, FL, 33909 listed at $306,000 pairs $2,317/mo rent with a $1,498/mo payment. Total monthly income runs $2,317/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 9.09% at a $306,000 basis. Equity gained on principal adds $1,975/yr, and annual property appreciation at 5% supports $84,542 by year five. Five-year ROI tracks 99.5% and total cumulative return in cash totals $100,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,317/mo property income relative to a $1,498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
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Listed by: Robert Salmons • Entera Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225053142
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.