23024 Central Ave #A/BPunta 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
Investment property for sale in Punta Gorda at 23024 Central Ave #A/B, Punta Gorda, FL, 33980 offers a 10.89% rental yield on a $175,900 purchase with $1,597/mo rent. Total monthly income registers $1,597/mo, and a $861/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,156/yr on $58,311 to close, and return on cash invested stands at 28.75% in year one. Equity gained on principal adds $1,135/yr while 5% annual appreciation supports $48,598 over five years. Portfolio math shows five-year ROI at 150.89% and total cumulative return in cash at $87,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,597/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1945
0.31 Acres lot
$N/A/sqft
No 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: Jennifer Finazzo • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225006386
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.