506 SW 28th PlCape CoralFL33991
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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 506 SW 28th Pl, Cape Coral, FL, 33991 listed at $275,500 pairs $1,883/mo rent with a $1,348/mo payment to leave $55/mo cash flow. Total monthly income runs $1,883/mo, and annual cash flow reaches $662/yr on $91,328 cash to close. Return on cash invested measures 20.63% in year one, and rental yield registers 8.2% at a $275,500 basis. Equity gained on principal adds $1,778/yr, and annual property appreciation at 5% supports $76,116 by year five. Five-year ROI tracks 107.36% and total cumulative return in cash totals $98,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,883/mo property income relative to a $1,348/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33991, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,818 (100%) |
| Owner Occupied HU | 8,953 (69.8%) |
| Renter Occupied HU | 2,396 (18.7%) |
| Vacant Housing Units | 1,469 (11.5%) |
| Median Home Value | $443,489 |
| Average Home Value | $495,286 |
Housing Distribution
Address Breakdown
Residential
12,946
Single Family
12,538
Multi-Family
408
Businesses
599
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Listed by: C. Aaron Price • Pricepoint Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025014564