5851 Shell Cove Dr #102ACape 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 5851 Shell Cove Dr #102A, Cape Coral, FL, 33914 listed at $421,900 pairs $3,511/mo rent with a $2,065/mo payment to leave $711/mo cash flow. Total monthly income runs $3,511/mo, and annual cash flow reaches $8,534/yr on $139,860 cash to close. Return on cash invested measures 26.01% in year one, and rental yield registers 9.99% at a $421,900 basis. Equity gained on principal adds $2,722/yr, and annual property appreciation at 5% supports $116,563 by year five. Five-year ROI tracks 136.18% and total cumulative return in cash totals $190,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,511/mo property income relative to a $2,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2023
1,163 sqft lot
$N/A/sqft
No 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: Victoria Baer Taylor • RE/MAX Realty Team
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025005770