Explore available listings and evaluate market performance.
Cape Coral, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,015
Monthly Cash Flow
-$145
Principal + Equity
$2,011
Annual Total Gain
$22,400
Cash on Cash
-2.03%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$262
Occupancy Rate
54.84%
Monthly Revenue
$2,748
Monthly Cash Flow
$176
Principal + Equity
$2,011
Annual Total Gain
$26,244
Cash on Cash %
2.47%
Net ROI %
Market Health & Growth
Median Income
$76,062
Population
206,387
LTR Renter %
22.31%
Forecast (1 yr)
-0.3%
Appreciation (1 yr)
-10.27%
Appreciation (5 yr)
38.68%
Appreciation (10 yr)
81.56%
Job Growth
3.58%
LTR Rentability
Moderate
STR Demand
64
STR Rentals
6,635
Top Public Schools
A-North Fort Myers High School
BOasis Charter High School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Retire in America
#5out of 229 markets
Best Cities for Outdoor Activities in America
#82out of 229 markets
Cities with the Best Public Schools in America
#77out of 229 markets
B
Public School
C
Crime And Safety
C
Housing
B-
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Cape Coral, FL.
In Cape Coral, FL, Short Term Rental (STR) regulations are primarily governed by the city's Land Development Code. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Licensing and Permitting: Property owners must obtain a Short Term Rental License from the city before operating a short term rental property. This license must be renewed annually.
2. Zoning Restrictions: Short term rentals are only allowed in certain zoning districts within Cape Coral. Investors should ensure that the property they are interested in purchasing is located in a zone that permits short term rentals.
3. Occupancy Limits: The city of Cape Coral has specific occupancy limits for short term rental properties. Investors should be aware of these limits and ensure that they are in compliance with them.
4. Noise and Nuisance Regulations: Property owners are responsible for ensuring that their short term rental property does not create a nuisance for neighboring properties. This includes noise regulations and restrictions on outdoor gatherings.
5. Safety and Health Regulations: Short term rental properties must meet certain safety and health standards set by the city. Investors should ensure that their property is in compliance with these regulations.
6. Taxation: Property owners are required to collect and remit tourist development taxes on short term rental stays. Investors should be aware of their tax obligations and ensure that they are in compliance with local tax laws.
Overall, investors looking to purchase a property for short term rental purposes in Cape Coral, FL should thoroughly research and understand the city's regulations and requirements for operating a short term rental property. Failure to comply with these regulations can result in fines and penalties, so it is important to be informed and proactive in ensuring compliance.
Market Trends Over Time
Explore 25 years of market data for Cape Coral, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Cape Coral, FL.
The LTR Genie Score of Cape Coral, FL is 63 and STR Genie Score is 59, indicating a moderate level of rentability for both long-term and short-term rental properties in the area. The LTR Net ROI of 26.23% and STR Net ROI of 30.74% suggest that both rental strategies can be profitable in Cape Coral. The 1-Year Price Appreciation Forecast of -0.3% may be a concern for investors looking for immediate gains in property value.
The LTR Genie Score is slightly higher than the STR Genie Score, indicating that long-term rental properties may be slightly more favorable in Cape Coral compared to short-term rentals. This could be due to factors such as lower vacancy rates and more stable rental income in the long-term rental market.
Cape Coral, FL is known for its waterfront properties and access to the Gulf of Mexico, making it a popular destination for tourists and potential renters. The city has a growing population and a strong economy, which can attract tenants for both long-term and short-term rentals.
Overall, Cape Coral, FL appears to be a promising market for both long-term and short-term rental investments. Investors may want to consider a mix of both rental strategies to maximize their returns in this market. However, it is important to closely monitor the price appreciation forecast and market trends to make informed investment decisions.
LTR Genie Score 93
$299,900
🛏 3 Beds🛁 2.0000 Baths🏙 1,838 sqft.🏠 SINGLE FAMILY