1000 Kings Hwy UNIT 60Punta GordaFL33980
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Punta Gorda at 1000 Kings Hwy UNIT 60, Punta Gorda, FL, 33980 earns $151/mo cash flow from $1,013/mo rent with a $636/mo payment. Total monthly income totals $1,013/mo, and annual cash flow totals $1,807/yr on $43,095 capital. ROI tracks 24.1% on current figures, and rental yield reads 9.35% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 125.92% and total cumulative return in cash sums $54,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,013/mo property income instead of your personal income.
Manufactured
Built in 1978
1,689 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33980, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,800 (57.6%) |
| Renter Occupied HU | 1,560 (18.7%) |
| Vacant Housing Units | 1,968 (23.6%) |
| Median Home Value | $270,517 |
| Average Home Value | $289,113 |
Housing Distribution
Address Breakdown
Residential
7,477
Single Family
4,739
Multi-Family
2,738
Businesses
431
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Listed by: Tricia DeClue • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls ID: #C7516971