3606 NW 47th LnCape CoralFL33993
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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
Investment property for sale in Cape Coral at 3606 NW 47th Ln, Cape Coral, FL, 33993 uses $120,964 cash to close to unlock $3,220/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $2,872/mo, and a $1,786/mo payment keeps the spread at $268/mo. Purchase price stands at $364,900, and rental yield measures 9.44% with $2,872/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash records $143,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,872/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2006
10,236 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
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Listed by: Aileen Betances • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224051835
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.