600 SW 18th STCape 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
Rental property for sale in Cape Coral at 600 SW 18th ST, Cape Coral, FL, 33991 generates $5,090/mo in rent, after a $3,906/mo payment. Total monthly income is $5,090/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 7.65% on a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 99.18% and total cumulative return in cash sums $260,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,090/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.26 Acres 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: Melinda Beth Santos • Epique Realty Inc
Mls Name: SWFLMLS
Mls ID: #225082324