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Updated about 9 years ago on . Most recent reply

Sunny D.'s profile image
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Sunny D.
  • from Pleasanton, California
  • Member since Dec 12, 2015
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Sunny D.'s profile image
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Sunny D.
  • from Pleasanton, California
  • Member since Dec 12, 2015
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Sunny D.
  • Pleasanton, CA
115
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Buying & Selling Real Estate

Cape coral rental market

Sunny D.
  • Pleasanton, CA
Posted

Hello

I am researching on Cape Coral as a rental market. What vacancy rates can I expect? Any references for good property managers in that area. Any experience from other investors who manage it out of state in that area?

#s dont look great, but is a nicer area and am seeing a few  at 1500 rent on 160K home (centre of cape coral and away from beaches).

Cheers

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Kamil Maras
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  • from Cape Coral, Florida
  • Member since Aug 25, 2013
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Kamil Maras
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  • from Cape Coral, Florida
  • Member since Aug 25, 2013
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Kamil Maras
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  • Cape Coral, FL
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Kamil Maras
  • Investor
  • Cape Coral, FL
Replied

Although tough to finds on MLS I still believe there are some opportunities in small multifamily in the north east by Hancock bridge area. Keep in mind when evaluating, that current rents are not sustainable long term. Be conservative.

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