523 NW 15th StCape CoralFL33993
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 523 NW 15th St, Cape Coral, FL, 33993 uses $102,762 cash to close to unlock $5,029/yr annual cash flow and $419/mo monthly cash flow. Total monthly income runs $2,476/mo, and a $1,517/mo payment keeps the spread at $419/mo. Purchase price stands at $309,990, and rental yield measures 9.58% with $2,476/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $85,645 over five years. Five-year ROI reaches 129.71% and total cumulative return in cash records $133,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,476/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33993, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,167 (100%) |
| Owner Occupied HU | 10,975 (72.4%) |
| Renter Occupied HU | 2,421 (16.0%) |
| Vacant Housing Units | 1,771 (11.7%) |
| Median Home Value | $395,224 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
15,543
Multi-Family
31
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Grummel • Christopher Alan Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225060320
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.