425 Corrientes CirPunta GordaFL33983
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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 425 Corrientes Cir, Punta Gorda, FL, 33983 listed at $450,000 pairs $3,251/mo rent with a $2,203/mo payment to leave $264/mo cash flow. Total monthly income runs $3,251/mo, and annual cash flow reaches $3,171/yr on $149,175 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 8.67% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 114.85% and total cumulative return in cash totals $171,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,251/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
9,599 sqft 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
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Listed by: Sarah Rosas • BLU REALTY CORP
Mls Name: Stellar MLS
Mls ID: #C7510449