2824 Caribbean DrPunta 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
Investment property for sale in Punta Gorda at 2824 Caribbean Dr, Punta Gorda, FL, 33950 uses $183,911 cash to close to unlock $8,753/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $4,439/mo, and a $2,736/mo payment keeps the spread at $729/mo. Purchase price stands at $559,000, and rental yield measures 9.53% with $4,439/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash records $238,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,439/mo property income covering a $2,736/mo payment rather than investor’s personal income.
Single Family
Built in 1994
9,583 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: Denise Henry • RE/MAX Anchor Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225010558
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.