609 NW Douglas PkwyCape 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 609 NW Douglas Pkwy, Cape Coral, FL, 33993 at $346,900 posts ROI 25.31% with $518/mo cash flow from $2,820/mo rent. Total monthly income equals $2,820/mo, and annual cash flow records $6,214/yr on $114,997 to close. Return on cash invested measures 25.31% and rental yield reads 9.75% at the current $346,900. Equity gained on principal adds $2,238/yr, and 5% annual appreciation supports $95,842 by year five. Five-year ROI prints 132.41% and total cumulative return in cash totals $152,269.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
10,628 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
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Listed by: Gayle Van Wagenen • LGI Realty- Florida, LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224083893
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.