11296 Olive CirPunta GordaFL33955
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11296 Olive Cir, Punta Gorda, FL, 33955 offers a 9.06% rental yield on a $159,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $778/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,741/yr on $52,709 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 121.21% and total cumulative return in cash at $63,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33955, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,948 (100%) |
| Owner Occupied HU | 6,118 (68.4%) |
| Renter Occupied HU | 441 ( 4.9%) |
| Vacant Housing Units | 2,389 (26.7%) |
| Median Home Value | $409,222 |
| Average Home Value | $418,137 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
6,803
Multi-Family
581
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kira Coleman • RE/MAX HARBOR REALTY
Mls Name: Stellar MLS
Mls ID: #C7518975