716 SE 12th Ct APT 31Cape 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 716 SE 12th Ct APT 31, Cape Coral, FL, 33990 uses $49,725 cash to close to unlock $1,521/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $734/mo payment keeps the spread at $127/mo. Purchase price stands at $150,000, and rental yield measures 12.06% with $1,507/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 123.21% and total cumulative return in cash records $61,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1981
3,373 sqft lot
$N/A/sqft
$385 monthly 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: Trish Kirby, PA • REALTY ONE GROUP MVP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4653163
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511