4708 SW 8th Pl APT 102Cape 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 4708 SW 8th Pl APT 102, Cape Coral, FL, 33914 earns $811/mo cash flow from $2,957/mo rent with a $1,170/mo payment. Total monthly income totals $2,957/mo, and annual cash flow totals $9,729/yr on $79,228 capital. ROI tracks 32.19% on current figures, and rental yield reads 14.85% at a $238,999 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 172.35% and total cumulative return in cash sums $136,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,957/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$6,720 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: Zachary Symonette • Starlink Realty, Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224063756
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.