3032 Lake Manatee CTCape CoralFL33909
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3032 Lake Manatee CT, Cape Coral, FL, 33909 in Cape Coral speaks for itself: 10.51% gross on a $400,000 price, generating $3,503/mo in rent and $559/mo in net income after the $1,799/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,712 stacks alongside $110,513 in projected five-year appreciation and $3,684/yr in principal reduction. Projected total cumulative return: $189,742.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $559 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,503 |
| Total Monthly Debt Service | $2,784 |
| DSCR Ratio | 1.26x |
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 2006
9,787 sqft lot
$N/A/sqft
$3,468 annually 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
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 2006
9,787 sqft lot
$N/A/sqft
$3,468 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dodona Roboci, PA • Royal Shell Real Estate, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225050120
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.