Real Estate Investing in Cape Coral, Florida (33914)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Lee County • Population: 44,439 • Data updated: September 2026

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Should you buy in 33914 (Cape Coral, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.6% of homes vacant — above national norms.

What’s happening in Cape Coral, FL (33914)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $422,036
Avg Monthly Rent $1,937
1% Rule ✗ Does Not Meet
Median Income $72,662
% Renters 19.1%

Market Analysis: 33914 Cape Coral

In practical terms, ZIP 33914 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $422K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $422K asset, 33914 is the wrong submarket. If the plan prices in friction, the yield can still work.

From a cash-flow lens, 33914 offers a low basis, the region around Cape Coral has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

A substantial renter share of 19% in 33914 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cape Coral:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Declining (-1.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,937/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Cape Coral-Fort Myers, FL Metro Area
More inventory, negotiating room for buyers
118 days
Average time to sell
Slow
6.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Cape Coral-Fort Myers, FL metro data
🏠

Property Strategy for 33914

Which property type performs best in this market?

Best for Cash Flow
2BR
7.2% cap rate
Best for Appreciation
5BR
+7.8% 5yr CAGR
Best Overall Value
2BR
$105,405/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $210,809 $2,100 7.2% +4.2% $105,405
3BR $415,013 $2,740 4.8% +6.2% $138,338
4BR $513,417 $3,040 4.3% +6.7% $128,354
5BR $821,825 +7.8% $164,365

Market Trends

Home Value History (with trend line)

$565K$477K$390K$302K$214K$126KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,313$2,067$1,821$1,575$1,329$1,083Jul 2016Jul 2021Jul 2026

📊 How Does 33914 Compare?

Metric 33914 Cape Coral Cape Coral-Fort Myers, FL Florida
Home Value $422,036 $344,995 N/A $374,697
5-Year CAGR 1.5% 2.1% N/A 7.4%
Avg Rent $1,937 $1,903 N/A -
Cap Rate 3.6% 4.4% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 33914 (Cape Coral, FL). Anonymous, moderated, never written by AI.

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Property managers serving Lee County

Manage rentals here? List your business →

Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website

Single-familySmall multifamilyCommercialShort-term rentals
Unclaimed — is this your business? Claim it free

Sandcastle Community Management offers HOA and Condominium Management, professional maintenance, financial solutions, and real estate services in Florida, including Naples, Fort Myers, and Bonita Spri summary from their website

HOA
Unclaimed — is this your business? Claim it free

JNS Property Management is a full-service development and management company specializing in commercial retail and office space in Central Florida. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Fair
Cap Rate
3.6%
Low
5yr Growth
+1.5%
Slow

📊 Market Snapshot

Home Value $422,036
Monthly Rent $1,937
Price-to-Rent 18.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 5.1%

📈 Home Appreciation

1-Year -1.9% ▼
3-Year CAGR -5.9% ▼
5-Year CAGR +1.5% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year -9.7% ▼
3-Year CAGR -4.0% ▼
5-Year CAGR +2.5% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
21.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.5%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 33914

Population: 44,439

💰 Median Household Income
$72,662
This area
$72,662
State
$70,737
USA
$74,580
🏠 Renter Occupied
19.1%
This area
19.1%
State
29.9%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-18.0%
USA
3.7%
🎓 College Educated
27.6%
This area
27.6%
State
4.7%
USA
33.7%
👤 Median Age
54.3 years
This area
54.3 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
21.6%
This area
21.6%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 80.9%
Other/Mixed 15.4%
Hispanic/Latino 13.4%
Black/African American 3.3%
Asian 0.5%
👶 Under 18
12.6%
This area
12.6%
USA
22.0%
👴 65 and Over
29.2%
This area
29.2%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 33914

C Avg School Grade
7 Schools
26.3:1 Avg Class Size
$12,577 Avg Per Pupil

Schools in This ZIP Code

C+ Average

GULF MIDDLE SCHOOL

📚 06 – 08 Middle
👥
823 Students
👨‍🏫
20.0:1 Class Size
💰
$12,577 Per Student
C+ Average

PELICAN ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
919 Students
👨‍🏫
20.2:1 Class Size
💰
$12,577 Per Student
C+ Average

GULF ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
1,163 Students
👨‍🏫
19.9:1 Class Size
💰
$12,577 Per Student
C+ Average

OASIS CHARTER HIGH SCHOOL

📚 09 – 12 High School Charter
👥
804 Students
👨‍🏫
20.6:1 Class Size
💰
$12,577 Per Student
C Below Average

OASIS CHARTER ELEMENTARY SCHOOL-SOUTH

📚 K – 05 Elementary Charter
👥
873 Students
👨‍🏫
27.3:1 Class Size
💰
$12,577 Per Student
D Needs Improvement

OASIS CHARTER MIDDLE SCHOOL

📚 06 – 08 Middle Charter
👥
840 Students
👨‍🏫
49.4:1 Class Size
💰
$12,577 Per Student
D Needs Improvement

IDA S. BAKER HIGH SCHOOL

📚 09 – 12 High School
👥
2,116 Students
👨‍🏫
26.9:1 Class Size
💰
$12,577 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 3,428 Off-Campus Students
C+
Cape Coral Technical College
296 students · 6.6 mi
C+
Florida SouthWestern State College
13,860 students · 8.3 mi
C
The Salon Professional Academy-Ft Myers
104 students · 8.3 mi
D
Southern Technical College
532 students · 8.9 mi
C
Aveda Institute-Fort Myers
246 students · 9.4 mi
C
Lee Professional Institute
35 students · 10.6 mi
C
Premiere International College
106 students · 10.7 mi
C
Florida Academy
408 students · 12.3 mi

Investor Insight: With 3,428 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How do landlord-tenant laws work in Cape Coral, FL?

FL ranks as a landlord-friendly state for landlord-tenant law. Cape Coral generally follows the statewide framework, so landlords face reasonable operating rules.

How strong is tenant demand in Cape Coral, FL?

Working renters make up the core of the Cape Coral, FL tenant base. The pool is reasonable for investors targeting long-term holds.

What investment strategy works best in Cape Coral, FL?

Most investors in Cape Coral, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.

Can I house hack in Cape Coral, FL?

Cape Coral, FL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $422K price point reasonable to enter.

What do landlords charge for rent in Cape Coral, FL?

Rent in Cape Coral, FL is around $1,937/mo. The resulting rent-to-value relationship with $422K pricing is reasonable for most investor models.

You know 33914 now. You don’t know where it ranks.

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How 33914 ranks in Cape Coral-Fort Myers, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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