Cape Coral vs Port Charlotte vs North Port

[Yulia Volokhina]

Hello, 

Question for those with experience investing in these areas. Which area is better for LTR SFH, Cape Coral vs Port Charlotte vs North Port, or Punta Gorda? Which is more rent reliable, best growing, both for cash flow and long term appreciation? And lowest flood/weather risks, insurance, etc?

[Stetson Miller]

Hi @Yulia Volokhina,

All of these markets are very close to each other geographically, so you're not going to see massive differences between any of these. One thing that Cape Coral does offer over the others though is that being a much larger market, inventory will be more diverse, so you might have better luck finding a specific property type and price point. Cape Coral also offers a great supply of homes that are not in flood zones and otherwise have low storm risk, particularly with some newer builds

In terms of cash flow, single family in general is not going to be the best bet for optimizing that focus. However, Cape Coral, Fort Myers, and Lehigh Acres all offer multifamily inventory in comparable price ranges of single family homes in the other markets you mentioned, which will allow significantly higher cash flow potential