3310 Loveland Blvd UNIT 1503Punta GordaFL33980
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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 3310 Loveland Blvd UNIT 1503, Punta Gorda, FL, 33980 offers a 23.05% rental yield on a $121,500 purchase with $2,334/mo rent. Total monthly income registers $2,334/mo, and a $595/mo payment leaves $1,093/mo available for distribution. Annual cash flow reaches $13,114/yr on $40,277 to close, and return on cash invested stands at 52.47% in year one. Equity gained on principal adds $784/yr while 5% annual appreciation supports $33,568 over five years. Portfolio math shows five-year ROI at 282.74% and total cumulative return in cash at $113,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $595/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
1,058 sqft lot
$N/A/sqft
$303 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33980, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,800 (57.6%) |
| Renter Occupied HU | 1,560 (18.7%) |
| Vacant Housing Units | 1,968 (23.6%) |
| Median Home Value | $270,517 |
| Average Home Value | $289,113 |
Housing Distribution
Address Breakdown
Residential
7,477
Single Family
4,739
Multi-Family
2,738
Businesses
431
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Listed by: Brian Helgemo • COMPASS FLORIDA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7509154
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511