624 SE 46th StCape CoralFL33904
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 624 SE 46th St, Cape Coral, FL, 33904 listed at $995,000 pairs $2,413/mo rent with a $4,870/mo payment. Total monthly income runs $2,413/mo. Return on cash invested measures 4.7% in year one, and rental yield registers 2.91% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 21.85% and total cumulative return in cash totals $71,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33904, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,936 (100%) |
| Owner Occupied HU | 12,680 (60.6%) |
| Renter Occupied HU | 3,717 (17.8%) |
| Vacant Housing Units | 4,539 (21.7%) |
| Median Home Value | $470,794 |
| Average Home Value | $549,863 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
14,544
Multi-Family
3,295
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Manny Gonzalez • MAKS Realty Inc
Mls Name: Florida Gulf Coast MLS
Mls ID: #2026001160