404 El Dorado Pkwy ECape 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 404 El Dorado Pkwy E, Cape Coral, FL, 33904 priced at $247,000 pairs $1,686/mo rent with $47/mo cash flow after a $1,209/mo payment. Total monthly income equals $1,686/mo, and annual cash flow comes to $562/yr on $81,881 invested. Return on cash invested is 20.6% in year one, and rental yield stands at 8.19% on a $247,000 basis. Equity gained on principal adds $1,594/yr, and 5% annual appreciation accumulates to $68,242 by year five. Five-year ROI measures 107.11% and total cumulative return in cash reaches $87,700. For financing, Ziffy Mortgage’s DSCR program evaluates $1,686/mo property income against a $1,209/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
10,497 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: Natalie More • Realty One Group MVP
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025012700