848 NE 6th AveCape CoralFL33909
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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 848 NE 6th Ave, Cape Coral, FL, 33909 listed at $509,000 pairs $2,269/mo rent with a $2,491/mo payment. Total monthly income runs $2,269/mo. Return on cash invested measures 12.12% in year one, and rental yield registers 5.35% at a $509,000 basis. Equity gained on principal adds $3,285/yr, and annual property appreciation at 5% supports $140,627 by year five. Five-year ROI tracks 61.63% and total cumulative return in cash totals $103,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,269/mo property income relative to a $2,491/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33909, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,288 (100%) |
| Owner Occupied HU | 10,972 (67.4%) |
| Renter Occupied HU | 3,948 (24.2%) |
| Vacant Housing Units | 1,368 ( 8.4%) |
| Median Home Value | $382,898 |
| Average Home Value | $458,877 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
15,214
Multi-Family
627
Businesses
912
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Listed by: Daniel Medina • Magna Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025012243
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.