3626 SE 16th PlCape CoralFL33904
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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 3626 SE 16th Pl, Cape Coral, FL, 33904 generates $4,692/mo in rent and, after a $3,157/mo payment, leaves $412/mo in cash flow. Total monthly income is $4,692/mo, and annual cash flow is $4,939/yr on $212,205 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.73% on a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 116.69% and total cumulative return in cash sums $247,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,692/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
10,406 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
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Listed by: Annie Richards • RE/MAX Nautical Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025005876