414 Nicholas Pkwy ECape CoralFL33990
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
Rental property for sale in Cape Coral at 414 Nicholas Pkwy E, Cape Coral, FL, 33990 generates $3,473/mo in rent, after a $2,868/mo payment. Total monthly income is $3,473/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 7.11% on a $585,990 entry. Equity gained on principal adds $3,781/yr, while 5% annual appreciation builds toward $161,898 over five years. Five-year ROI reaches 90.35% and total cumulative return in cash sums $174,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,473/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Omar Perez • Ace Realty & Associates, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225016010
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.