23853 Collina Way #201Punta 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 23853 Collina Way #201, Punta Gorda, FL, 33980 uses $76,245 cash to close to unlock $9,029/yr annual cash flow and $752/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,126/mo payment keeps the spread at $752/mo. Purchase price stands at $230,000, and rental yield measures 11.89% with $2,279/mo rent. Return on cash invested shows 31.75% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 166.97% and total cumulative return in cash records $127,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A 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: Gina Flood • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls ID: #C7520335