175 Kings Hwy #C8Punta GordaFL33983
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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 175 Kings Hwy #C8, Punta Gorda, FL, 33983 listed at $118,900 pairs $941/mo rent with a $582/mo payment to leave $152/mo cash flow. Total monthly income runs $941/mo, and annual cash flow reaches $1,823/yr on $39,415 cash to close. Return on cash invested measures 24.53% in year one, and rental yield registers 9.5% at a $118,900 basis. Equity gained on principal adds $767/yr, and annual property appreciation at 5% supports $32,850 by year five. Five-year ROI tracks 128.23% and total cumulative return in cash totals $50,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $941/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
1,249 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
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Listed by: Cristina Bonaccorso • PREFERRED SHORE LLC
Mls Name: Stellar MLS
Mls ID: #A4670401