Written by: Ashley Durmo
Introduction
Cape Coral, Florida, is a hotspot for short-term rental investment due to its scenic waterfront views, abundant canals, and close proximity to popular Gulf Coast attractions. This guide highlights some of the top-performing ZIP codes in Cape Coral, each with promising gross yields, annual revenue, and competitive home values, making them appealing for investors.
33904 – Cape Coral’s Yacht Club and Downtown Area
- Gross Yield: 9%
- Annual Revenue: $33,969
- Zillow Home Value: $379.1K
ZIP code 33904 encompasses Cape Coral’s Yacht Club and downtown area, a prime location known for its boating culture, marinas, and easy access to the Caloosahatchee River. With a gross yield of 9%, this ZIP code offers a strong annual revenue, supported by the area’s appeal to tourists and locals alike. The relatively high home values reflect the desirability of this waterfront community, making it a lucrative option for investors aiming to attract visitors seeking a luxurious coastal experience.
33993 – Northwest Cape Coral
- Gross Yield: 9%
- Annual Revenue: $31,864
- Zillow Home Value: $364.2K
The 33993 ZIP code covers a large part of northwest Cape Coral, an area known for newer developments, spacious lots, and a more suburban feel compared to the central parts of the city. Despite being farther from the water, it maintains a solid gross yield of 9% and a competitive annual revenue. The home value of $362.2K is indicative of the area’s growth potential, as more people seek out affordable yet attractive locations for vacation rentals that balance accessibility and tranquility.
33909 – Northeast Cape Coral
- Gross Yield: 9%
- Annual Revenue: $27,950
- Zillow Home Value: $326.5K
ZIP code 33909 represents the northeastern part of Cape Coral, an area popular among families and those looking for a quiet retreat. It offers affordable home values, averaging $326.5K, with a decent gross yield and annual revenue. While not as close to the main waterways, this ZIP code provides affordable investment options and appeals to budget-conscious travelers and long-term renters looking for a quieter, residential atmosphere.
