232 Harvey StPunta 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 232 Harvey St, Punta Gorda, FL, 33950 priced at $149,900 converts $1,187/mo rent into $97/mo cash flow after a $734/mo obligation. Total monthly income equals $1,187/mo, and annual cash flow totals $1,170/yr on $49,692 invested. Return on cash invested prints 22.26% in year one, and rental yield reads 9.5% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 116.95% and total cumulative return in cash sums $58,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,187/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,115 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
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Listed by: Stephen Kidwell, SR PA • PARADISE REALTY OF SARASOTA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4645245
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