3805 SE 10th AveCape 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
Investment property for sale in Cape Coral at 3805 SE 10th Ave, Cape Coral, FL, 33904 uses $104,423 cash to close to unlock $14,452/yr annual cash flow and $1,204/mo monthly cash flow. Total monthly income runs $3,295/mo, and a $1,542/mo payment keeps the spread at $1,204/mo. Purchase price stands at $315,000, and rental yield measures 12.55% with $3,295/mo rent. Return on cash invested shows 33.75% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 177.67% and total cumulative return in cash records $185,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,295/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1987
10,018 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: Wendy White • LPT Realty, LLC
Mls Name: SWFLMLS
Mls ID: #225057896