829 SE 41st StCape CoralFL33904
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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 829 SE 41st St, Cape Coral, FL, 33904 uses $132,600 cash to close to unlock $12,824/yr annual cash flow and $1,069/mo monthly cash flow. Total monthly income runs $3,760/mo, and a $1,958/mo payment keeps the spread at $1,069/mo. Purchase price stands at $400,000, and rental yield measures 11.28% with $3,760/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 155.42% and total cumulative return in cash records $206,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,760/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1967
10,018 sqft 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
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Listed by: Patricia Knoll • Sellstate Priority Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224089554
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.