619-621 SW 3rd TerCape 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
Investment property for sale in Cape Coral at 619-621 SW 3rd Ter, Cape Coral, FL, 33991 listed at $485,000 pairs $5,364/mo rent with a $2,374/mo payment to leave $2,145/mo cash flow. Total monthly income runs $5,364/mo, and annual cash flow reaches $25,743/yr on $160,778 cash to close. Return on cash invested measures 35.92% in year one, and rental yield registers 13.27% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 189.3% and total cumulative return in cash totals $304,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,364/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1988
10,018 sqft 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: N/A • N/A
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