OFF_MARKETGood Deal8 days on market

1222 SE 33rd St

1222 SE 33rd St, Cape Coral, FL 33904, Cape Coral, FL 33904
$350,000
Zestimate®:$319,700

Listing Price

Property image 1
1222 SE 33rd St, Cape Coral, FL 33904
Loc: Cape Coral, FL
Days Listed
8
Tax Assessed
$323k
Zestimate®
$320k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$3,803/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.

7

Cape Elementary School

PK-5
1.6 mi away
7

Gulf Middle School

6-8
4 mi away
5

Cape Coral High School

9-12
2.3 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
Good
Confidence Score: 6.8/10
Exercise caution due to potential market volatility.
Cap Rate
7.19%
Total ROI
25.6%
Cash Flow
$327/mo
DSCR
1.18
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Data provided by Haven AI. Disclaimer

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Haven AI

This property at $350,000 presents a balanced entry point into the Cape Coral market, characterized by a respectable 7.19% rental yield. A monthly cash flow of $327.05 is positive but relatively thin for a single-family home of this size, providing little margin for unexpected capital expenditures or vacancies. While the 4% appreciation forecast aligns with regional growth, the Southwest Florida market faces significant headwinds regarding property insurance premiums and hurricane risk. As a conservative analyst, the modest cash flow suggests this is a stable long-term play rather than a high-yield opportunity, requiring diligent property management and reserves to maintain profitability.

Strengths
  • Competitive price-to-square-foot ratio of approximately $157
  • Positive monthly cash flow in a high-interest rate environment
  • Strong gross rental yield exceeding 7%
  • Consistent regional demand driven by population migration
Considerations
  • Exposure to volatile Florida property insurance market
  • Flood zone proximity inherent to Cape Coral geography
  • Thin cash flow margin leaves little room for unexpected repairs
  • High local inventory levels may limit near-term rent appreciation
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-24Sold$320,000$144
2026-04-18Pending sale$325,000$146
2026-04-17Price change$325,000$146
2026-04-08Listed for sale$350,000$158
2023-12-06Listing removed$0
2023-10-19Price change$449,500$202
2023-09-05Price change$479,900$216
2023-08-30Listed for sale$539,900$243
2005-02-07Sold$249,900$113
2001-07-19Sold$149,900$67

Tax History

YearProperty TaxTax Assessment
2025$6,056.21$323,165
2024$5,928.59$311,940
2023$5,835.14$283,582
2022$5,190.11$257,802
2021$4,656.76$0
2020$4,425.72$213,177
2019$4,338.21$209,950
2018$4,338.21$194,598
2017$4,134.24$197,040
2016$4,131.11$175,210
2015$3,804.02$185,699
2014$3,749.32$171,792
2013$3,498.68$149,796
2012$2,679.43$118,587
2011$2,480.78$105,610
2010$2,338.51$96,658
2009$2,480.66$105,030
2008$3,587.68$193,380
2007$4,397.68$238,010
2006$4,763.19$250,110
2004$3,322.31$147,610
2003$3,070.85$129,280
2002$2,968.71$121,410
2000$0$97,670
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,221
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: $350,000Rent Basis: Observed Comp Model ($3,803/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $175/mo
Haven ScoreExcellent
9/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
8.54%

NOI: $29,873/yr

Cash-on-Cash Yield
10.0%

On $80,500 invested

DSCR Ratio
1.37x

Prime loan qualification

5-Yr Leveraged ROI
+144.4%

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)-$264/mo
Homeowner / Hazard Insurance-$175/mo
Vacancy Reserve (5% of rent)-$190/mo
Repairs & Maintenance (10% of rent)-$380/mo
Property Management (8% of rent)-$304/mo
Total Pure Operating Expenses-$1,314/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,803/mo
Less: Operating Expenses-$1,314/mo
Net Operating Income (NOI)+$2,489/mo
Less: Debt Service (30yr @ 6.75%)-$1,816/mo
Net Cash Flow
$673/mo
$8,080/year
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