17629 Palmetto Pass LnPunta GordaFL33982
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 17629 Palmetto Pass Ln, Punta Gorda, FL, 33982 offers a 12.45% rental yield on a $428,000 purchase with $4,441/mo rent. Total monthly income registers $4,441/mo, and a $2,095/mo payment leaves $902/mo available for distribution. Annual cash flow reaches $10,827/yr on $141,882 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $2,762/yr while 5% annual appreciation supports $118,249 over five years. Portfolio math shows five-year ROI at 146.5% and total cumulative return in cash at $207,863. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,441/mo property income against a $2,095/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
$888 quarterly 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: Wendy Riha • NV Realty Group, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225048171
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.