16602 Ridgeview CIR #4422Babcock RanchFL33982
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 Babcock Ranch at 16602 Ridgeview CIR #4422, Babcock Ranch, FL, 33982 earns $1,309/mo cash flow from $4,423/mo rent with a $2,297/mo payment. Total monthly income totals $4,423/mo, and annual cash flow totals $15,704/yr on $155,571 capital. ROI tracks 30% on current figures, and rental yield reads 11.31% at a $469,295 purchase. Equity gained on principal adds $3,028/yr, and 5% annual appreciation supports $129,658 over five years. Five-year ROI reaches 157.56% and total cumulative return in cash sums $245,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,423/mo property income instead of your personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33982, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,459 (100%) |
| Owner Occupied HU | 7,348 (70.3%) |
| Renter Occupied HU | 838 ( 8.0%) |
| Vacant Housing Units | 2,273 (21.7%) |
| Median Home Value | $373,056 |
| Average Home Value | $411,551 |
Housing Distribution
Address Breakdown
Residential
8,066
Single Family
6,889
Multi-Family
1,177
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Meyers • Lennar Realty Inc
Mls Name: SWFLMLS
Mls ID: #225065985