24351 Baltic Ave #203Punta GordaFL33955
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 24351 Baltic Ave #203, Punta Gorda, FL, 33955 listed at $365,000 pairs $2,515/mo rent with a $1,786/mo payment to leave $93/mo cash flow. Total monthly income runs $2,515/mo, and annual cash flow reaches $1,119/yr on $120,998 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 8.27% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 108.4% and total cumulative return in cash totals $131,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,515/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33955, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,948 (100%) |
| Owner Occupied HU | 6,118 (68.4%) |
| Renter Occupied HU | 441 ( 4.9%) |
| Vacant Housing Units | 2,389 (26.7%) |
| Median Home Value | $409,222 |
| Average Home Value | $418,137 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
6,803
Multi-Family
581
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Calenda • CALENDA REAL ESTATE GROUP,INC.
Mls Name: Stellar MLS
Mls ID: #C7515446