24300 Airport Rd #121Punta GordaFL33950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 24300 Airport Rd #121, Punta Gorda, FL, 33950 uses $49,692 cash to close to unlock $2,219/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,180/mo, and a $734/mo payment keeps the spread at $185/mo. Purchase price stands at $149,900, and rental yield measures 9.45% with $1,180/mo rent. Return on cash invested shows 24.37% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 127.36% and total cumulative return in cash records $63,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,180/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Dunn • Emerald Lake
Mls Name: My State MLS
Mls ID: #11617396