208 Lewis Cir #A-1Punta GordaFL33950
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 208 Lewis Cir #A-1, Punta Gorda, FL, 33950 in Punta Gorda is narrow, $22/mo net on $2,305/mo rent after the $1,124/mo debt service, but the property operates at break-even-plus, not a loss. At $249,900 with a 11.07% yield, the long-run equity case via 5% appreciation ($69,043 over five years) and $2,302/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.05 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $136,853.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $22 | $1,850 |
City averages based on Punta Gorda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,305 |
| Total Monthly Debt Service | $1,559 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
1,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33950, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 10,954 (63.8%) |
| Renter Occupied HU | 2,397 (14.0%) |
| Vacant Housing Units | 3,818 (22.2%) |
| Median Home Value | $518,242 |
| Average Home Value | $558,414 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,208
Multi-Family
2,959
Businesses
1,049
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
Condo
Built in 1985
1,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33950, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 10,954 (63.8%) |
| Renter Occupied HU | 2,397 (14.0%) |
| Vacant Housing Units | 3,818 (22.2%) |
| Median Home Value | $518,242 |
| Average Home Value | $558,414 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,208
Multi-Family
2,959
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #C7523402