304 NW 22nd AveCape CoralFL33993
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
Investment property for sale in Cape Coral at 304 NW 22nd Ave, Cape Coral, FL, 33993 listed at $279,304 pairs $1,983/mo rent with a $1,367/mo payment to leave $107/mo cash flow. Total monthly income runs $1,983/mo, and annual cash flow reaches $1,278/yr on $92,589 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 8.52% at a $279,304 basis. Equity gained on principal adds $1,802/yr, and annual property appreciation at 5% supports $77,167 by year five. Five-year ROI tracks 110.96% and total cumulative return in cash totals $102,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,983/mo property income relative to a $1,367/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
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: Cheryl Jacobson • Realty One Group MVP
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225061392
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.