2090 Matecumbe Key Rd UNIT 1308Punta GordaFL33955
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2090 Matecumbe Key Rd UNIT 1308, Punta Gorda, FL, 33955 in Punta Gorda speaks for itself: 22.44% gross on a $255,864 price, generating $4,786/mo in rent and $2,386/mo in net income after the $1,151/mo debt service. DSCR 4.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $28,632 stacks alongside $70,691 in projected five-year appreciation and $2,357/yr in principal reduction. Projected total cumulative return: $254,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.4% | 6.2% |
| Monthly Cash Flow | $2,386 | $1,850 |
City averages based on Punta Gorda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,786 |
| Total Monthly Debt Service | $2,298 |
| DSCR Ratio | 2.08x |
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 1998
0.30 Acres lot
$N/A/sqft
$650 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
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 1998
0.30 Acres lot
$N/A/sqft
$650 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A