423 Cape Coral Pkwy W APT 202Cape 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 APT 202, Cape Coral, FL, 33914 earns $628/mo cash flow from $1,550/mo rent with a $680/mo payment. Total monthly income totals $1,550/mo, and annual cash flow totals $7,535/yr on $46,079 capital. ROI tracks 36.26% on current figures, and rental yield reads 13.38% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 191.12% and total cumulative return in cash sums $88,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,550/mo property income instead of your 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: Lenka Doyle • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025018496