175 Kings Hwy APT 717Punta 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 717, Punta Gorda, FL, 33983 listed at $186,000 pairs $1,397/mo rent with a $910/mo payment. Total monthly income runs $1,397/mo. Return on cash invested measures 12.09% in year one, and rental yield registers 9.01% at a $186,000 basis. Equity gained on principal adds $1,200/yr, and annual property appreciation at 5% supports $51,388 by year five. Five-year ROI tracks 65.55% and total cumulative return in cash totals $40,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $910/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
1,189 sqft lot
$N/A/sqft
$6,780 annually 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: Jerry Niesman • KW Peace River Partners
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225035948
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.