103 Tropicana DrPunta GordaFL33950
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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
Rental property for sale in Punta Gorda at 103 Tropicana Dr, Punta Gorda, FL, 33950 priced at $479,900 converts $3,869/mo rent into $323/mo cash flow after a $2,349/mo obligation. Total monthly income equals $3,869/mo, and annual cash flow totals $3,872/yr on $159,087 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 9.67% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 117.47% and total cumulative return in cash sums $186,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,869/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1970
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33950, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 10,954 (63.8%) |
| Renter Occupied HU | 2,397 (14.0%) |
| Vacant Housing Units | 3,818 (22.2%) |
| Median Home Value | $518,242 |
| Average Home Value | $558,414 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,208
Multi-Family
2,959
Businesses
1,049
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Listed by: Joseph Mason • RE/MAX Harbor Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224037612
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.