Excellent investment opportunity in the growing area of Cape Coral! This 3-bedroom, 2-bath home is already tenant occupied with a 12-month lease in place generating $2,000 monthly income from day one, making it a perfect turnkey investment property. The home features a freshwater canal frontage with seawall already in place, offering added value, privacy, and the enjoyable Cape Coral waterfront lifestyle. Located in a highly desirable and fast-developing area surrounded by new construction homes, this property is conveniently close to supermarkets, restaurants, shopping centers, schools, parks, and main roads with easy access throughout the city. Cape Coral continues to attract both residents and investors due to its strong rental demand, expanding infrastructure, and waterfront lifestyle. Whether you are looking to expand your rental portfolio or secure a property with immediate cash flow, this is an outstanding opportunity. Income-producing properties in this price range and location are becoming increasingly difficult to find.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Florida Gulf Coast MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.