4116 SE 19th Ave #102Cape CoralFL33904
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
Investment Highlights
Investment property for sale in Cape Coral at 4116 SE 19th Ave #102, Cape Coral, FL, 33904 uses $63,980 cash to close to unlock $2,038/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $945/mo payment keeps the spread at $170/mo. Purchase price stands at $193,000, and rental yield measures 9.02% with $1,451/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 120.52% and total cumulative return in cash records $77,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $945/mo payment rather than investor’s personal income.
Condo
Built in 1974
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: Cynthia Brown • Gulf Coast Living Real Estate, Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025004751