3160 Matecumbe Key Rd APT 213Punta GordaFL33955
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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 3160 Matecumbe Key Rd APT 213, Punta Gorda, FL, 33955 listed at $229,000 pairs $1,647/mo rent with a $1,121/mo payment to leave $127/mo cash flow. Total monthly income runs $1,647/mo, and annual cash flow reaches $1,526/yr on $75,914 cash to close. Return on cash invested measures 21.92% in year one, and rental yield registers 8.63% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 114.26% and total cumulative return in cash totals $86,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,647/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
7,056 sqft 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
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Listed by: N/A • N/A
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