2060 Matecumbe Key Rd UNIT 2307Punta 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 2307, Punta Gorda, FL, 33955 uses $98,787 cash to close to unlock $1,512/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $2,104/mo, and a $1,459/mo payment keeps the spread at $126/mo. Purchase price stands at $298,000, and rental yield measures 8.47% with $2,104/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 111.63% and total cumulative return in cash records $110,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Condo
Built in 2000
0.30 Acres lot
$N/A/sqft
No 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: Sandi Stricklin • CENTURY 21 SUNBELT BURNT STORE
Mls Name: Stellar MLS
Mls ID: #C7519019