3941 River Bank WayPunta 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
Rental property for sale in Punta Gorda at 3941 River Bank Way, Punta Gorda, FL, 33980 priced at $272,000 pairs $2,611/mo rent with $297/mo cash flow after a $1,331/mo payment. Total monthly income equals $2,611/mo, and annual cash flow comes to $3,569/yr on $90,168 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 11.52% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 127.13% and total cumulative return in cash reaches $114,629. For financing, Ziffy Mortgage’s DSCR program evaluates $2,611/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
8,200 sqft lot
$N/A/sqft
$398 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: Ashley Harris • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7509728
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