SE 8th St #1104-5Cape CoralFL33990
Nearby investment properties with comparable rents
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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 SE 8th St #1104-5, Cape Coral, FL, 33990 earns $217/mo cash flow from $1,312/mo rent with a $808/mo payment. Total monthly income totals $1,312/mo, and annual cash flow totals $2,599/yr on $54,698 capital. ROI tracks 24.66% on current figures, and rental yield reads 9.54% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 128.96% and total cumulative return in cash sums $70,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,312/mo property income instead of your personal income.
Condo
Built in 1988
N/A 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: Barbara Charro Gonzalez • The Molinares Group Real Estate
Mls Name: MIAMI
Mls ID: #A11892296