630 SW 31st StCape CoralFL33914
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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 630 SW 31st St, Cape Coral, FL, 33914 uses $132,169 cash to close to unlock $9,955/yr annual cash flow and $830/mo monthly cash flow. Total monthly income runs $3,475/mo, and a $1,951/mo payment keeps the spread at $830/mo. Purchase price stands at $398,700, and rental yield measures 10.46% with $3,475/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $110,153 over five years. Five-year ROI reaches 143.84% and total cumulative return in cash records $190,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,475/mo property income covering a $1,951/mo payment rather than investor’s personal income.
Single Family
Built in 1991
10,018 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: Dave Lambert • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224093491
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.