305 SE 3rd StCape CoralFL33990
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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
Rental property for sale in Cape Coral at 305 SE 3rd St, Cape Coral, FL, 33990 priced at $311,100 pairs $2,141/mo rent with $76/mo cash flow after a $1,523/mo payment. Total monthly income equals $2,141/mo, and annual cash flow comes to $914/yr on $103,130 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.26% on a $311,100 basis. Equity gained on principal adds $2,007/yr, and 5% annual appreciation accumulates to $85,951 by year five. Five-year ROI measures 108.22% and total cumulative return in cash reaches $111,605. For financing, Ziffy Mortgage’s DSCR program evaluates $2,141/mo property income against a $1,523/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
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Listed by: N/A • N/A
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