616 SE 14th Ter APT 201Cape CoralFL33990
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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 616 SE 14th Ter APT 201, Cape Coral, FL, 33990 generates $1,130/mo in rent, after a $881/mo payment. Total monthly income is $1,130/mo. Return on cash invested sits at 9.96% in year one, and rental yield is 7.54% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 53.26% and total cumulative return in cash sums $31,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,130/mo property income rather than buyer’s personal income.
Condo
Built in 1986
3,916 sqft lot
$N/A/sqft
$5,160 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33990, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,740 (100%) |
| Owner Occupied HU | 9,577 (65.0%) |
| Renter Occupied HU | 3,818 (25.9%) |
| Vacant Housing Units | 1,345 ( 9.1%) |
| Median Home Value | $428,028 |
| Average Home Value | $484,812 |
Housing Distribution
Address Breakdown
Residential
14,595
Single Family
14,177
Multi-Family
418
Businesses
857
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Listed by: Kevin Ziess-Lawrence • Cornerstone Coastal Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225053020
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.