OFF_MARKETRisky Deal8 days on market

1421 NE 9th Ave

1421 NE 9th Ave, Cape Coral, FL 33909, Cape Coral, FL 33909
$399,000
Zestimate®:$379,400

Listing Price

Property image 1
1421 NE 9th Ave, Cape Coral, FL 33909
Loc: Cape Coral, FL
Days Listed
8
Tax Assessed
$296k
Zestimate®
$379k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,334/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Diplomat Elementary School

PK-5
0.5 mi away
5

Diplomat Middle School

6-8
0.5 mi away
6

North Fort Myers High School

9-12
2.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.82%
Total ROI
13.7%
Cash Flow
$-416/mo
DSCR
0.79
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-20Sold$380,000$268
2026-03-05Pending sale$399,000$281
2026-02-24Listed for sale$399,000$281
2025-10-28Sold$360,000$254
2025-09-29Pending sale$365,000$257
2025-09-27Price change$365,000$257
2025-09-15Price change$375,000$264
2025-08-04Price change$379,000$267
2025-07-19Listed for sale$399,000$281
2021-03-31Sold$225,000$159
2014-07-28Sold$129,700$91
2008-04-18Sold$116,000$82
2003-06-09Sold$5,000$4
2003-01-22Sold$2,600$2

Tax History

YearProperty TaxTax Assessment
2025$4,997.75$295,947
2024$5,230.9$318,724
2023$3,695.45$224,296
2022$3,456.43$217,773
2021$1,732.53$0
2020$1,727.82$106,376
2019$1,663.82$132,438
2018$1,663.82$102,045
2017$1,643.29$99,946
2016$1,622.48$111,525
2015$1,560.67$97,209
2014$1,548.38$91,495
2009$937.59$67,960
2008$2,749.91$144,540
2007$3,354.33$177,840
2006$2,222.98$208,030
2004$286.41$11,250
2003$141.81$4,780
2002$91.38$2,590
2000$0$2,040
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,418
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $399,000Rent Basis: Observed Comp Model ($2,334/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $200/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.08%

NOI: $16,266/yr

Cash-on-Cash Yield
-9.3%

On $91,770 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+47.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$242/mo
Homeowner / Hazard Insurance-$200/mo
Vacancy Reserve (5% of rent)-$117/mo
Repairs & Maintenance (10% of rent)-$233/mo
Property Management (8% of rent)-$187/mo
Total Pure Operating Expenses-$979/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,334/mo
Less: Operating Expenses-$979/mo
Net Operating Income (NOI)+$1,355/mo
Less: Debt Service (30yr @ 6.75%)-$2,070/mo
Net Cash Flow
$-715/mo
$-8,578/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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1421 NE 9th Ave | Cape Coral, FL | Haven AI Analysis | Haven by ScoutHavens