423 Cape Coral Pkwy W #102Cape CoralFL33914
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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 423 Cape Coral Pkwy W #102, Cape Coral, FL, 33914 uses $43,062 cash to close to unlock $1,929/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,023/mo, and a $636/mo payment keeps the spread at $161/mo. Purchase price stands at $129,900, and rental yield measures 9.45% with $1,023/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash records $54,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,023/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1985
3,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
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Listed by: Dylan Mercer • Experience Real Estate Group
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021759