10303 Burnt Store Rd UNIT 69Punta 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
Investment property for sale in Punta Gorda at 10303 Burnt Store Rd UNIT 69, Punta Gorda, FL, 33950 offers a 12.35% rental yield on a $149,000 purchase with $1,533/mo rent. Total monthly income registers $1,533/mo, and a $729/mo payment leaves $544/mo available for distribution. Annual cash flow reaches $6,534/yr on $49,394 to close, and return on cash invested stands at 33.14% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 174.42% and total cumulative return in cash at $86,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,533/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
4,799 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: Brandy Loebker • KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #A4651735