22375 Edgewater Dr UNIT 254Punta GordaFL33980
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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 22375 Edgewater Dr UNIT 254, Punta Gorda, FL, 33980 generates $1,116/mo in rent, after a $651/mo payment. Total monthly income is $1,116/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 10.07% on a $133,000 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 97.4% and total cumulative return in cash sums $42,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,116/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1,008 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33980, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,800 (57.6%) |
| Renter Occupied HU | 1,560 (18.7%) |
| Vacant Housing Units | 1,968 (23.6%) |
| Median Home Value | $270,517 |
| Average Home Value | $289,113 |
Housing Distribution
Address Breakdown
Residential
7,477
Single Family
4,739
Multi-Family
2,738
Businesses
431
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Listed by: Michele Weed • SELLSTATE VISION REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7500828
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