459 NE 2nd Place CpeCoralFL33909
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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 Coral at 459 NE 2nd Place Cpe, Coral, FL, 33909 offers $4,356/mo rent that, after a $2,422/mo payment, leaves $1,072/mo cash flow. Total monthly income is $4,356/mo, and annual cash flow is $12,865/yr on $164,059 cash. Return on cash invested measures 27.75% in year one, and rental yield stands at 10.56% at a $494,900 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,732 by year five. Five-year ROI records 145.5% and total cumulative return in cash reaches $238,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,356/mo property income versus a $2,422/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
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Listed by: Dona Smith • SUNSTONE CAPITAL REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6134053
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511