610 SW 47th Ter APT 2Cape CoralFL33914
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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 610 SW 47th Ter APT 2, Cape Coral, FL, 33914 earns $213/mo cash flow from $1,361/mo rent with a $847/mo payment. Total monthly income totals $1,361/mo, and annual cash flow totals $2,552/yr on $57,350 capital. ROI tracks 24.36% on current figures, and rental yield reads 9.44% at a $173,000 purchase. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,797 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash sums $73,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Condo
Built in 1984
8,524 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: Ryan Benner • Sellstate Priority Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #225060568