2060 Matecumbe Key Rd UNIT 2102Punta GordaFL33955
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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 2060 Matecumbe Key Rd UNIT 2102, Punta Gorda, FL, 33955 earns from $2,788/mo rent with a $1,902/mo payment. Total monthly income totals $2,788/mo. ROI tracks 13.46% on current figures, and rental yield reads 8.61% at a $388,500 purchase. Equity gained on principal adds $2,507/yr, and 5% annual appreciation supports $107,335 over five years. Five-year ROI reaches 71.89% and total cumulative return in cash sums $92,585. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,788/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$790 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33955, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,948 (100%) |
| Owner Occupied HU | 6,118 (68.4%) |
| Renter Occupied HU | 441 ( 4.9%) |
| Vacant Housing Units | 2,389 (26.7%) |
| Median Home Value | $409,222 |
| Average Home Value | $418,137 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
6,803
Multi-Family
581
Businesses
102
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Listed by: Mike Schwanger • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7508871
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511