4006 SE 20th Pl #5Cape 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 4006 SE 20th Pl #5, Cape Coral, FL, 33904 generates $2,470/mo in rent, after a $1,444/mo payment. Total monthly income is $2,470/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 10.05% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 84.03% and total cumulative return in cash sums $82,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Condo
Built in 1980
4,125 sqft lot
$N/A/sqft
$2,100 quarterly 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: Kim Ryan • Keller Williams Realty Fort Myers and the Islands
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025006938
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.