4603 SE 1st AveCape CoralFL33904
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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 4603 SE 1st Ave, Cape Coral, FL, 33904 priced at $533,000 converts $3,360/mo rent into after a $2,609/mo obligation. Total monthly income equals $3,360/mo. Return on cash invested prints 18.73% in year one, and rental yield reads 7.56% against a $533,000 entry. Equity gained on principal adds $3,439/yr, while 5% annual appreciation compiles into $147,258 by year five. Five-year ROI reaches 97.16% and total cumulative return in cash sums $170,376. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $2,609/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
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