32 NE 13th PlCape 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
Rental property for sale in Cape Coral at 32 NE 13th Pl, Cape Coral, FL, 33909 priced at $325,000 pairs $3,181/mo rent with $1,024/mo cash flow after a $1,591/mo payment. Total monthly income equals $3,181/mo, and annual cash flow comes to $12,288/yr on $107,738 invested. Return on cash invested is 31.31% in year one, and rental yield stands at 11.75% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 164.58% and total cumulative return in cash reaches $177,313. For financing, Ziffy Mortgage’s DSCR program evaluates $3,181/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
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
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Listed by: Tony Giglio • REALTY COOPERATIVE
Mls Name: Stellar MLS
Mls ID: #TB8469141