3703 Magnolia WayPunta 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 3703 Magnolia Way, Punta Gorda, FL, 33950 listed at $609,900 pairs $4,200/mo rent with a $2,985/mo payment to leave $153/mo cash flow. Total monthly income runs $4,200/mo, and annual cash flow reaches $1,833/yr on $200,657 cash to close. Return on cash invested measures 20.97% in year one, and rental yield registers 8.26% at a $609,900 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,504 by year five. Five-year ROI tracks 109.11% and total cumulative return in cash totals $218,940. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $2,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2015
0.35 Acres 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: Kurt Havel • ALLISON JAMES ESTATES & HOMES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7494926
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