222 Flamingo BlvdPunta GordaFL33950
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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
Rental property for sale in Punta Gorda at 222 Flamingo Blvd, Punta Gorda, FL, 33950 generates $1,796/mo in rent, after a $1,126/mo payment. Total monthly income is $1,796/mo. Return on cash invested sits at 19.43% in year one, and rental yield is 9.37% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 102.59% and total cumulative return in cash sums $78,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Condo
Built in 2005
4,630 sqft lot
$N/A/sqft
$3,372 annually 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
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Listed by: Lisa Spagenski • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224104768
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.