175 Kings Hwy APT 233Punta GordaFL33983
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 175 Kings Hwy APT 233, Punta Gorda, FL, 33983 listed at $146,000 pairs $1,145/mo rent with a $715/mo payment to leave $176/mo cash flow. Total monthly income runs $1,145/mo, and annual cash flow reaches $2,109/yr on $48,399 cash to close. Return on cash invested measures 24.27% in year one, and rental yield registers 9.41% at a $146,000 basis. Equity gained on principal adds $942/yr, and annual property appreciation at 5% supports $40,337 by year five. Five-year ROI tracks 126.82% and total cumulative return in cash totals $61,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,145/mo property income relative to a $715/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33983, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,577 (68.8%) |
| Renter Occupied HU | 1,491 (15.6%) |
| Vacant Housing Units | 1,490 (15.6%) |
| Median Home Value | $388,262 |
| Average Home Value | $416,316 |
Housing Distribution
Address Breakdown
Residential
8,737
Single Family
8,037
Multi-Family
700
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AJ Garcia • CENTURY 21 SUNBELT REALTY
Mls Name: Stellar MLS
Mls ID: #C7517407