313 NE 9th StCape CoralFL33909
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
Rental property for sale in Cape Coral at 313 NE 9th St, Cape Coral, FL, 33909 priced at $399,000 pairs $2,899/mo rent with $251/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,899/mo, and annual cash flow comes to $3,013/yr on $132,269 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 8.72% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 115.67% and total cumulative return in cash reaches $152,990. For financing, Ziffy Mortgage’s DSCR program evaluates $2,899/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,019 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Adelhoch • ERA ADVANTAGE REALTY, INC.
Mls Name: Stellar MLS
Mls ID: #C7509311