4641 SW Santa Barbara Pl APT 5Cape 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 4641 SW Santa Barbara Pl APT 5, Cape Coral, FL, 33914 offers a 15.6% rental yield on a $259,900 purchase with $3,378/mo rent. Total monthly income registers $3,378/mo, and a $1,272/mo payment leaves $900/mo available for distribution. Annual cash flow reaches $10,804/yr on $86,157 to close, and return on cash invested stands at 32.45% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 174.5% and total cumulative return in cash at $150,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,378/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
8,084 sqft lot
$N/A/sqft
$9,036 annually 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: Dean Pederson • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #223082131
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.