3902 SE 13th AveCape CoralFL33904
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3902 SE 13th Ave, Cape Coral, FL, 33904 in Cape Coral earns its strong cash-flow label: 11.43% yield, $5,497/mo rent, $1,669/mo net income, DSCR 2.12. The $576,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $159,387 by year five. Combined with $5,313/yr in principal paydown, total projected return reaches $327,295.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.5% |
| Monthly Cash Flow | $1,669 | $800 |
City averages based on Cape Coral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,497 |
| Total Monthly Debt Service | $3,599 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
N/A 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
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
Single Family
Built in 1998
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Eck LLC • Florida Complete Realty
Mls Name: MIAMI
Mls ID: #A11877243