1437 Coral Ridge DrPunta GordaFL33950
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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 1437 Coral Ridge Dr, Punta Gorda, FL, 33950 listed at $289,000 pairs $1,552/mo rent with a $1,415/mo payment. Total monthly income runs $1,552/mo. Return on cash invested measures 15.32% in year one, and rental yield registers 6.44% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 78.84% and total cumulative return in cash totals $75,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,552/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,500 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: Norine Walker • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #C7519283