3415 Sulstone DrivePunta GordaFL33983
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 3415 Sulstone Drive, Punta Gorda, FL, 33983 offers a 11.05% rental yield on a $199,000 purchase with $1,833/mo rent. Total monthly income registers $1,833/mo, and a $974/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,149/yr on $65,969 to close, and return on cash invested stands at 29.23% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 153.45% and total cumulative return in cash at $101,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,833/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33983, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,577 (68.8%) |
| Renter Occupied HU | 1,491 (15.6%) |
| Vacant Housing Units | 1,490 (15.6%) |
| Median Home Value | $388,262 |
| Average Home Value | $416,316 |
Housing Distribution
Address Breakdown
Residential
8,737
Single Family
8,037
Multi-Family
700
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Marie Robbins • Divito Real Estate Group
Mls Name: BeachesMLS
Mls ID: #RX-11143369