458 Spring Hill Lake LoopCape CoralFL33993
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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 458 Spring Hill Lake Loop, Cape Coral, FL, 33993 priced at $392,985 converts $3,120/mo rent into $275/mo cash flow after a $1,923/mo obligation. Total monthly income equals $3,120/mo, and annual cash flow totals $3,298/yr on $130,275 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 9.53% against a $392,985 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation compiles into $108,575 by year five. Five-year ROI reaches 117.78% and total cumulative return in cash sums $153,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $1,923/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$2,853 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
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Listed by: Michael Bone • DR Horton Realty SW FL LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225016564
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.