703 SE 7th St APT 2Cape 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
Investment property for sale in Cape Coral at 703 SE 7th St APT 2, Cape Coral, FL, 33990 offers a 7.85% rental yield on a $325,000 purchase with $2,126/mo rent. 9% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 88.25% and total cumulative return in cash at $95,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,126/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1978
7,579 sqft lot
$N/A/sqft
No 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: Bryan D Keane • Miloff Aubuchon Realty Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225005090
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.