29367 Turbak DrPunta GordaFL33982
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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 29367 Turbak Dr, Punta Gorda, FL, 33982 uses $45,747 cash to close to unlock $2,084/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,089/mo, and a $675/mo payment keeps the spread at $174/mo. Purchase price stands at $138,000, and rental yield measures 9.47% with $1,089/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 127.89% and total cumulative return in cash records $58,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,089/mo property income covering a $675/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33982, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,459 (100%) |
| Owner Occupied HU | 7,348 (70.3%) |
| Renter Occupied HU | 838 ( 8.0%) |
| Vacant Housing Units | 2,273 (21.7%) |
| Median Home Value | $373,056 |
| Average Home Value | $411,551 |
Housing Distribution
Address Breakdown
Residential
8,066
Single Family
6,889
Multi-Family
1,177
Businesses
312
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Listed by: Tom Wenck LLC • KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #D6144091