4029 SE 20th Pl APT 305Cape 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 4029 SE 20th Pl APT 305, Cape Coral, FL, 33904 earns from $3,983/mo rent with a $3,495/mo payment. Total monthly income totals $3,983/mo. ROI tracks 12.11% on current figures, and rental yield reads 6.69% at a $714,000 purchase. Equity gained on principal adds $4,607/yr, and 5% annual appreciation supports $197,265 over five years. Five-year ROI reaches 63.09% and total cumulative return in cash sums $148,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,983/mo property income instead of your personal income.
Condo
Built in 2007
0.38 Acres lot
$N/A/sqft
$9,600 annually 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: Laura DiPillo • John R. Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225037655
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.