Cape Coral, FL — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

4.1%

Below average

Monthly Cash Flow

-$742

After all expenses

Price-to-Rent

14.2

Investor-friendly

DSCR

0.64

Fails

📊 Key Metrics

Median Home Price: $391,932
Average Rent (3BR): $2,295/mo
Price-to-Rent Ratio: 14.2(good)
1% Rule: 0.59%(fails — need 1%+)
Cash-on-Cash Return: -9.9%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.8%(+0.5% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +5.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

43.7%

Stretched

Section 8 Max Rent

$2,295/mo

3BR voucher payment

🏛️ FL Investor Climate

Landlord Friendly

8/10

State Income Tax

✅ None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

🏘️ Best Zip Codes in Cape Coral for Investors

33993

Cap Rate: 6.7%Cash Flow: +$87/mo$330,214

33991

Cap Rate: 6.3%Cash Flow: -$19/mo$361,732

33909

Cap Rate: 6.2%Cash Flow: -$41/mo$298,038

All Zip Codes in Cape Coral

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
33993	6.7%	+$87	$330,214	$2,820/mo	1.05
33991	6.3%	-$19	$361,732	$2,950/mo	0.99
33909	6.2%	-$41	$298,038	$2,400/mo	0.97
33990	5.3%	-$292	$325,571	$2,320/mo	0.83
33904	4.7%	-$485	$342,030	$2,220/mo	0.73
33914	3.5%	-$1,000	$422,133	$2,250/mo	0.56
33931	2.7%	-$1,535	$495,479	$2,200/mo	0.42
33957	1.1%	-$3,546	$802,390	$2,270/mo	0.17
33924	0.4%	-$5,284	$1,060,268	$2,270/mo	0.06
33921	-0.7%	-$13,716	$2,332,183	$2,440/mo	-0.10