150 Harborside Ave APT 208Punta 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 150 Harborside Ave APT 208, Punta Gorda, FL, 33950 earns from $2,042/mo rent with a $1,378/mo payment. Total monthly income totals $2,042/mo. ROI tracks 14.81% on current figures, and rental yield reads 8.7% at a $281,500 purchase. Equity gained on principal adds $1,816/yr, and 5% annual appreciation supports $77,773 over five years. Five-year ROI reaches 78.75% and total cumulative return in cash sums $73,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,042/mo property income instead of your personal income.
Condo
Built in 1974
1,273 sqft lot
$N/A/sqft
$570 monthly 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: Michele Erving • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7499794
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511